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| Topic: |
Business
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| Number of pages / Number of words: |
16 / 4201 |
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Table 1 illustrates the revenues and earnings of the three players. Other minor players, such as Fokker, British Aerospace and manufacturers of short haul, turboprop engine commuter planes are not included in the market estimates.
Company 1994 Sales in $m 1994 Earnings in $m Market Share %
Boeing 16,851 1,022 62
Airbus Industrie 8,000 N/A 24
McDonnell Douglas 4,760 40 14
Table 1: Revenues and market share of jet aircraft industry leaders, excluding former Soviet Union...
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Worldwide aircraft shipments dropped sharply from 3189 units to 2402. Boeing registered a decline of 14% in its revenues compared to 1993, and McDonnell Douglas lost market share with its revenues shrinking by 9%. It is likely that McDonnell Douglas will halt temporarily—and perhaps permanently— the manufacturing of its wide body MD-11 plane, due to a severe shortage of orders...
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