In a duopolistic market, both the players benefit more or less equally. But what happens if one of them fails to turn up. It should ideally create a monopoly, but that hasn\u2019t been the case for Airbus.<\/p>\n
The European aircraft-maker, which directly competes with its US counterpart Boeing, is realising, much to its frustration, that it is not able to capitalise on the year-long grounding of the Boeing 737 MAX aircraft. This was a once-in-a-lifetime opportunity to leave the competition far behind \u2014 but Airbus just cannot take in more orders. <\/p>\n
\u2018A paradox\u2019 <\/p>\n
At a recent press conference to announce the 2019 annual results, Airbus CEO Guillaume Faury was forthcoming about how difficult it has been to gain from the situation. \u201cIt might look like a paradox, but in the short term, we don\u2019t benefit from the situation with our competitor,\u201d he said, as per media reports.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a duopolistic market, both the players benefit more or less equally. But what happens if one of them fails to turn up. It should ideally create a monopoly, but that hasn\u2019t been the case for Airbus. The European aircraft-maker, which directly competes with its US counterpart Boeing, is realising, much to its frustration, that it is not able to capitalise on the year-long grounding of the Boeing 737 MAX aircraft. This was a once-in-a-lifetime opportunity to leave the competition far behind \u2014 but Airbus just cannot take in more orders. \u2018A paradox\u2019 At a recent press conference to announce […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-341790","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341790"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341790\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}