🌍Developing and launching a new airliner can take up to 7 years, making it a financially challenging and time-consuming process.
💰Return on investment for an aircraft manufacturer may take several years after the aircraft enters service, affecting the ability of new players to enter the market.
🛠️Bargaining power and supplier relationships can impact the pricing and development of new aircraft designs, posing a challenge for smaller manufacturers.
✈️Embraer, known for its regional jets, has the potential to compete with Boeing and Airbus, with its established presence and experienced team.
🌟Breaking the duopoly in the aircraft manufacturing industry could bring about innovation, competition, and alternatives for airlines.