How the U.S. (Inadvertently) Created Boeing's Biggest Competition
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- čas přidán 3. 06. 2024
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Together, manufacturers Airbus and Boeing dominate some 90% of the global civilian aircraft market in a duopoly that stretches back to Airbus’ founding in the late 1960s. But at that precise moment, three US companies - Boeing, Lockheed, and McDonnell Douglas - were in a battle to produce the first wide-body jumbo jet. That battle nearly set the market on a path toward total US domination; instead, it brought us the most iconic plane of all time and the eventual downfall of two of those three companies. Watch the full video to see how.
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You said it wrong, executives at MD didn't swallow their pride, they swallowed boeing 😢
You forgot to mention the effect of the oil crisis in the 70s, which made fuel efficiency a thing to consider.
Much in this video is false and I will be reviewing her sources. She left out some critical pieces of information that completely changes her narative. 1st the 747 wasn't the high risk plane at Boeing, it was the 2707, the US SST. 2nd the A300 wasn't a successful aircraft at all. Despite having 2 engines, it wasn't fuel efficient and when the 767 came in, it basically ate the A300s lunch. 3rd, she mentions the WTO scandal but only the Boeing verdict, she ignored that Airbus was found guilty of reciving almost 4 times as much illicit funding for just two aircraft. Boeing's loss was related to the tax credits for the 777X wing factory. She also ignored the bribery scandal of just 2 years ago. I am going to review her sources, but I am willing to wager most are poor sources.
correction: Boeing didn't slash the 60,000 jobs because of a lack of demand for the 747. Those 60,000 jobs were slashed because Boeing cancelled their SST program in 1971. The bulk of those 60,000 engineers were those who were working on the SST.
Yeah, Boeing died in the 90s. The modern company is just McDonnell Douglas with the Boeing name.
Only Pan AM bought the 747 between 1967 and 1972 ? Really ? How do you explain then Lufthansa, Sabena, KLM, SAS, Swissair, Alitalia, Iberia, South African, TAP, Air France, BOAC, Air India, JAL and Qantas getting 747's from 1970 to 1972.
"Boeing has struggled from PR nightmares"... PEOPLE DIED!!
L1011 was always the nicest
There’s a reason why people say “Md bought Boeing with Boeings money”
Contrary to the statement in the video, that Boeing did not sell a single B747 between 1968-72, the truth is that it sold 62 Boeing B747s in a shorter period, i.e. between 1969-71.
Small correction: the 60-minute rule still applies in general, but now twin-engine jets can get an Extended-range Twin-Engine Operations (ETOPS) rating. The Airbus A300 was the first twin jet to ever get an ETOPS rating with ETOPS 75 (it could fly up to 75 minutes from a suitable diversion airport). This does NOT mean the rule was relaxed in general, it only applied to the A300.
5h ago I landed from Brussels in a a320 (not even a NEO).
It’s nonsense that Boeing sold no more 747 until 1972. As well as the Pan Am the 747 was sold and introduced by BOAC, KLM, Qantas, SAS, Lufthansa, Condor, Iberia, Aer Lingus, TWA, Eastern, United, American and many, many others.
That consortium started with BOAC and Aerospatiale with the Concorde
“Execs wallowed in shame” aka still made millions of dollars and suffered next to no consequences whatsoever just like calhoun at boeing today.
I got to see the very first 747 in early 1970. I was only a week or 2 old and remember nothing of it, but I was there.
EXCELLENT video!
I'm sure they'll bounce back..."Boeing...Boeing."
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