Investors rarely get a clean look at a smaller player taking ground from an entrenched duopoly. For decades, the global aerospace manufacturing space has been dominated by two legacy giants—Boeing (NYSE: BA) and Airbus (NYSE: EADSY).
Today, these two find themselves paralyzed by a cascading series of supply chain snarls, Pratt & Whitney engine bottlenecks, and persistent regulatory production caps. Airlines searching for near-term capacity expansion are being forced to look elsewhere.
