Right.
At this point a new aircraft program is easily $15B+ of development. That kind of money is hard to come by for a new aviation company.
China, Russia, and Japan have all tried breaking into the market as well without much success.
At this point a new aircraft program is easily $15B+ of development. That kind of money is hard to come by for a new aviation company.
China, Russia, and Japan have all tried breaking into the market as well without much success.
There are other commercial aircraft manufacturers but essentially in each size segment you will only see two players. Embraer doesn‘t make any direct competitors with Airbus or Boeing, as an example.
Them selling out to Airbus had more to do with general issues at the parent conglomerate (they also exited trains and snowmobiles to raise cash). But they still make corporate jets.
Not so, not for Russia anyway: