What Happened
Assessing Market Share In Commercial Aviation
The commercial aviation market is highly competitive, with companies like Boeing and Airbus dominating the narrowbody segment. Comac, a Chinese airframer, has reported a significant backlog of 1,100 aircraft, which may signal its growing presence in the market. According to Leeham News, Airbus currently holds a 59% share of total narrowbody orders, while Boeing has 35%. The article examines the challenges of securing market share in commercial aviation and the implications of Comac’s reported backlog, as reported by Leeham News.