The airplane industry has long been dominated by two large aircraft suppliers, Boeing and

Airbus. China has recently announced plans to begin the development and production of a

new large aircraft. What effect will this have on the domestic passenger airline industry?

Select one:

It will make the industry more attractive due to reduced supplier power.

o

It will make the industry less attractive due to increased supplier power.

0

It will make the industry more attractive due to a new entrant.

a

It will make the industry less attractive due to a new entrant.