Market Barriers in Aviation
The aviation industry presents significant challenges for new entrants, particularly due to the lengthy development timelines and high capital requirements. Companies like Bombardier have faced fierce competition from giants like Boeing and Airbus, which can afford to undercut prices to eliminate threats. Even with a capable design, breaking into the market without existing products is a daunting task, especially as acceptance of new players, such as Chinese manufacturers, remains a long-term hurdle.In this clip
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