Business

China maintains ban on Boeing 737 MAX flights

China's aviation regulator will not yet allow Boeing's troubled 737 MAX jet to fly in the company's biggest market owing to lingering safety concerns, despite the US lifting a ban on commercial flights.

Business

EasyJet grounds 'entire fleet' over coronavirus

British airline easyJet on Monday said it had grounded its entire fleet because of the coronavirus pandemic but would still be available for rescue flights to repatriate stranded customers.

Business

Boeing deliveries rose in 2021 but still lag Airbus

Boeing delivered more than twice as many commercial planes in 2021 as the year earlier, but still lagged its archrival Airbus in the closely-watched industry benchmark, according to figures released Tuesday.

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Commercialization

Commercialization is the process or cycle of introducing a new product or production method into the market. The actual launch of a new product is the final stage of new product development, and the one where the most money will have to be spent for advertising, sales promotion, and other marketing efforts. In the case of a new consumer packaged good, costs will be at least $10 million, but can reach up to $200 million.[citation needed]

Commercialization is often confused with sales, marketing or business development. The Commercialization process has three key aspects:

This text uses material from Wikipedia, licensed under CC BY-SA