Boeing, Airbus face new rivals for airlines' loyalty

03/16/2010 | Wall Street Journal, The

Bombardier and Embraer have emerged as viable options for airlines in the market for narrowbody aircraft, The Wall Street Journal reports. Boeing Co. and Airbus, long the dominant manufacturers of commercial planes, are both considering expensive new narrowbody models, which make up the bulk of airline fleets. Carriers such as United Airlines have said they will consider the newcomers' offerings, which promise greater efficiency and less fuel burn than existing models. "I've got to think the duopoly we've enjoyed for the past 20 or 30 years is not going to last forever," Jim Albaugh, CEO of Boeing's commercial airplane unit, said recently.

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Wall Street Journal, The

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