There are five major manufacturers of civil transport aircraft (in alphabetical order):
- Airbus, based in France
- Boeing, based in the United States
- Bombardier, based in Canada
- Embraer, based in Brazil
- Tupolev, based in Russia (scheduled to be merged into the United Aircraft Building Corporation)
Boeing, Airbus, and Tupolev concentrate on wide-body and narrow-body jet airliners, while Bombardier and Embraer concentrate on regional airliners. Large networks of specialized parts suppliers from around the world support these manufacturers, who sometimes provide only the initial design and final assembly in their own plants. The Chinese ACAC consortium will also soon enter the civil transport market with its ACAC ARJ21 regional jet.[3]
Until the 1970s, most major airlines were flag carriers, sponsored by their governments and heavily protected from competition. Since then, open skies agreements have resulted in increased competition and choice for consumers, coupled with falling prices for airlines. The combination of high fuel prices, low fares, high salaries, and crises such as the September 11, 2001 attacks and the SARS epidemic have driven many older airlines to government-bailouts, bankruptcy or mergers. At the same time, low-cost carriers such as Ryanair and Southwest have flourished.
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