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Pages 54-57

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From page 54...
... Consequently, the commuter market segment is regarded with caution. In summary, the two broad segments of civil aircraft manufacture face different circumstances regarding the changing nature of international competition.
From page 55...
... Since the early 1970s, the world market for large transports has reflected the slower rate of growth of air travel in the U.S. The 40 to 60 percent split in new equipment orders favoring the higher growth rates in foreign markets is a reversal of market splits in earlier years.
From page 56...
... These needs are well understood by our foreign competitors and have been exploited with great success by Airbus Industrie and Rolls Royce in opening markets for their current products. Most foreign manufacturing competitors are backed by governments whose goals are full employment, technology development, and generation of foreign currency in addition to commercial gains.
From page 57...
... At a time when U.S. aircraft manufacturers face increased competition from foreign manufacturers, they also face a changing market.


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