The aerospace industry involves the design, development, and production of aircraft and spacecraft. This sector includes companies that manufacture commercial airplanes, military jets, satellites, and space exploration vehicles. Key players in the industry include major corporations like Boeing and Airbus, as well as various suppliers and service providers. In addition to manufacturing, the aerospace industry also encompasses research and development, maintenance, and support services. It plays a crucial role in global transportation, defense, and scientific exploration, contributing to advancements in technology and safety. The industry is regulated by organizations such as the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA).