Airbus: From Challenger to Leader |
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EXCERPTSNote on Aerospace IndustryThe history of the aerospace industry dates back to 1917, when the US government built an aeronautics research center in Langley, Virginia. In the subsequent years, there was close private and public sector collaboration in the industry.
Flight To SuccessIn 1970, when Airbus Industrie was set up, the commercial aircraft market was totally dominated by US aircraft manufacturers led by Boeing. Boeing dominated the world market with its 747 jumbo jet family of aircraft.
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