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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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The Market for Large Commercial AircraftAssignment

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Q 1. Explain why the wide-bodied segment of the large commercial jet aircraft industry can only profitably support two players at present. What are the implications of your answer for barriers to entry into this segment?

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The major reason is that it has been assumed that a high development cost is involved in order to bring new commercial jet aircraft in the market. the wide-bodied segment of the large commercial jet aircraft industry can only profitably for Airbus and Boeing as these two encounters a high level of consumer switch (Hill, Jones, & Schilling, 2017).