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Together, manufacturers Airbus and Boeing dominate some 90% of the global civilian aircraft market in a duopoly that stretches back to Airbus’ founding in the late 1960s. But at that precise moment, three US companies — Boeing, Lockheed, and McDonnell Douglas — were in a battle to produce the first widebody jumbo jet. That battle nearly set the market on a path toward total US domination; instead, it brought us the most iconic plane of all time and the eventual downfall of two of those three companies. Watch the full video to see how.

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Sources:
Who’s Bashing Whom? Ch. 5
https://escholarship.org/content/qt9f...

Competing Economies Ch. 8
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