Monday, June 19, 2023

The capital of France will host the largest aerospace exhibition in the world from June 17 to 23.

 After four years, the largest air show in the world returns to Paris.

 


On Monday, the Paris Airshow began, and rows of missiles, drones, and futuristic transportation vied for attention with last-minute negotiations regarding jet orders and supply chain issues.

 

After the 2021 edition succumbed to the pandemic, the world's largest air show, which alternates with Farnborough in Britain, is returning to Le Bourget for the first time in four years.

 

French President Emmanuel Macron took a helicopter ride into the crowded aerospace market to watch a flying demonstration of Airbus' most recent jet, the A321XLR, as well as air power, including the French Rafale fighter. Later on Monday, the American F-35 fighter was scheduled to take off.

 

Despite disagreements among industrial partners regarding whether or not to expand the project, Belgium stated that it would apply to join as an observer the Franco-German-Spanish FCAS fighter project, which is a potential successor to the Rafale and multinational Eurofighter.

 

In contrast to the previous event, which took place four years ago, the air show is taking place in the shadow of the conflict in Ukraine. There is no Russian presence in the chalets or exhibition halls.

 

It was anticipated that some officials and aerospace companies from Ukraine would attend the show.

 

Indonesia has awarded Thales, a French company, a contract for 13 long-range air surveillance radars.

 

On the commercial side, plane manufacturers arrived anticipating growing demand as airlines rushed for capacity to meet demand and contribute to the industry's goal of net zero emissions by 2050.

 

However, as a result of the pandemic, suppliers face difficulties meeting this demand due to rising costs, parts shortages, and a lack of skilled labor.

 

Airbus (AIR.PA) was expected to announce a record order for 500 narrow-body jets from Indian budget airline IndiGo on Monday at 1330 GMT unless there was a last-minute disagreement over the fine print.

 

In addition to the orders that have already been provisionally announced, industry executives claim that as many as 2,000 jets are up for grabs worldwide in a resurgent commercial jet market as airlines attempt to fill a void left by sharp declines in activity during the pandemic.

 

They stated that the air show this week could see a mix of new and repeat announcements, but only a portion of these potential fresh deals will be ready in time.

 

According to the airline's announcement this year, Airbus was scheduled to confirm that Qantas is exercising options for nine additional A220s.

 

Agency Partners Sash Tusa stated, "The year-end order book is what matters."

 

According to industry sources on Sunday, Airbus is also close to a potentially significant order for narrow-body jets from Mexican low-cost carrier Viva Aerobus.

 

They claimed that there were more than 100 planes under consideration, though as of Monday, some sources suggested that the final number might be closer to 60.

 

Boeing and Airbus have fought hard over the Mexican airline for a long time.


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