30 years ago, there were many airplane manufacturers around, namely Lockheed, Boeing, McDD and Airbus, as well as the russian manufacturers in the east.
Today, we largely only have A and B in the main size airliner market.
Everyday we see the flame wars going on on airliners.net between A and B, and this fight, of course, is also taking place as a PR war between Boeing and Airbus and the well known subsidy discussion.
This leads me to the question: Is this a bad or good time for Airbus and Boeing? 30years ago, there was much more competition, today it is only A and B, however, not matter which product Boeing has, Airbus can offer something and vice versa (I put the 747Adv and A380 in the same category, this can be discussed but is irrelevant now).
So, is the situation comfortable for both manufacturers, as there certainly is some common sense that both need reasonable pricing, or is it a buyers market?
I tend to believe that the manufacturers are under very high pressure today, otherwise huge investments into the 787, A350 and A380 wouldn't be understandable. But is competition stronger than 30years ago? And if so, why is that?