The industry of the Boeing was the Aircraft Industry. Commercial aircraft manufacturing was an industry of enormous risks where failure was the norm, no the exception. During 1980's, the number of large commercial jet makers had been reduced into four namely Boeing, McDonnell Douglas, Airbus and Lockheed. In late 1990's, the four commercial jet makers had been reduced into two which are Boeing and Airbus. The main reason why aircraft manufacturers so often failed was because of the huge product development. …
