How the U.S. (Inadvertently) Created Boeing's Biggest Competition

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/f3m 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 wide-body 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. – Sources: Who’s Bashing Whom? Ch. 5 https://escholarship.org/content/qt9fg587vh/qt9fg587vh_noSplash_6a8dcceb614d1c7c66c894198bfaef9d.pdf?t=krn9ah Competing Economies Ch. 8 https://www.princeton.edu/~ota/disk1/1991/9112/911210.PDF Museum of Flight https://www.museumofflight.org/exhibits-and-events/aircraft/boeing-747-121 HistoryNet https://www.historynet.com/boeing-377-stratocruiser/ Nat’l Air & Space Museum https://airandspace.si.edu/stories/editorial/airline-deregulation-when-everything-changed AirlineRatings.Com https://www.airlineratings.com/news/twas-first-boeing-707/ https://www.airlineratings.com/news/mcdonnell-douglas-missed-big-twin-disappeared/ J. of Air Law & Commerce https://scholar.smu.edu/cgi/viewcontent.cgi?article=1305&context=jalc BBC https://www.bbc.com/culture/article/20141020-the-plane-that-changed-air-travel Pacific Northwest Quarterly https://www.jstor.org/stable/40491582 Office of Sec. of Defense https://history.defense.gov/Portals/70/Documents/acquisition_pub/OSDHO-Acquisition-Series-Vol1.pdf?ver=rGUpVbIx85BVDq6g4--cyA%3D%3D Airbus https://airbus.com/en/who-we-are/our-history/commercial-aircraft-history/early-days-1967 https://www.airbus.com/en/who-we-are/our-history/commercial-aircraft-history/champagne-and-drought-1973-1977 Fortune https://fortune.com/2024/01/08/boeing-stock-outlook-bank-of-america-737-max-incident/ SimpleFlying.com https://simpleflying.com/early-boeing-747-cost-analysis/ https://simpleflying.com/history-defining-lockheed-martin-military-aircraft/ The New York Times https://www.nytimes.com/1978/03/07/archives/sale-of-airbus-to-eastern-still-uncertain-iran-air-buys-6-aircraft.html https://www.nytimes.com/1964/07/20/archives/giant-cargo-jet-put-up-for-study-craft-proposed-to-fly-us-troops.html https://www.nytimes.com/1970/07/18/archives/battle-of-the-airbus-enters-new-phase-next-week-battle-of-the.html Northwestern https://sites.northwestern.edu/747anniversary/ The Guardian https://www.theguardian.com/business/2023/feb/11/boeing-747-queen-of-the-skies Washington Post https://www.washingtonpost.com/archive/business/1978/04/07/eastern-will-buy-european-planes-for-778-million/8d3deedd-7aec-41b1-bd5c-d96b0584be31/ Smithsonian Magazine https://www.smithsonianmag.com/air-space-magazine/the-contender-3630193/ Flight Safety Foundation https://flightsafety.org/wp-content/uploads/2016/12/asw_mar07_p12-16.pdf Airways Magazine https://www.airwaysmag.com/legacy-posts/eastern-introduces-a300 Music by Tom Fox, Johnny & Iz, LLC