The Boeing Aircraft Company has dominated the commercial aircraft market for decades, but its position of influence has lessened in recent years.Its chief competitor, Airbus, has made significant market gains, and may be posed to become the number one producer of commercial aircraft in the near future.

Analyzehow Boeing and Airbus approach the aircraft marketplace, how they are alike and different (particularly their production processes), where the rivalry is likely to head, and the most probable outcome of their ongoing competition.

Remember to document your sources, to be specific, and totie your ideas back to Managerial Economics.