The Paris Air Show, one of the world’s most important air shows, kicked off Monday in the French capital.
There is much attention on Boeing, which was plunged into crisis by the grounding of the 737 workhorse that’s been the bedrock of sales for decades Among other things, the Paris show will be an exercise in damage control.
Unable to say when the new Max version of the jet will fly again after two fatal crashes in five months, the U.S. firm must convince customers and suppliers alike that it has a strategy in hand to cope with all eventualities.
It’s European competitor Airbus went to the 53rd edition of International Paris Airshow with the launch of a long-range, single-aisle airliner and an announcement that they have agreed to sell 100 planes to the U.S. plane lessor Air Lease Corporation.
The June 17-23 show is not only about jetliner deals, but also a magnet for many of the world’s arms buyers who come to preview the latest military equipment, from anti-aircraft missiles to hotly sought cyber war-fighting capabilities.
French President Emmanuel Macron opened the show by unveiling a mock-up of a proposed new fighter as France and Germany sign a deal for its development.