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Airbus is a prominent aerospace corporation headquartered in Leiden, Netherlands, with its primary operations center in Toulouse, France. The company operates in the commercial aircraft, defense, and space sectors, providing a wide range of products and services. Its commercial aircraft division is renowned for producing models like the A320 and A350 families. In defense and space, Airbus provides military aircraft, satellites, and launch vehicles. Airbus's strategic positioning benefits from its extensive global network and strong technological capabilities, supporting its competitive presence in the aerospace industry. The company was established through a merger of several European aerospace firms in 2000, building on a legacy dating back to the late 1960s.

GE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.