![]() ![]() “This is just the beginning: There’s more going forward. IndiGo’s deal highlights the growing importance of India, the world’s fastest-growing aviation market, serving the largest population, to planemakers. Only a portion of these potential fresh deals will be ready in time for this week’s air show, which could see a mixture of new and repeat announcements, they said. Industry executives say as many as 2,000 jet orders are up for grabs worldwide in a resurgent commercial jet market, on top of those provisionally announced already, as airlines try to fill a void left by sharp falls in activity during the COVID-19 crisis. On the civilian side, planemakers arrived with growing demand expectations as airlines try to keep up with demand and work to reach industry goals of net zero emissions by 2050.īut they also face a challenge to meet that demand as suppliers struggle with rising costs, parts shortages and a scarcity of skilled labour in the wake of the pandemic. The world’s largest air show, which alternates with Farnborough in Britain, is at Le Bourget for the first time in four years after the 2021 edition fell victim to the coronavirus pandemic.įrench President Emmanuel Macron flew to the packed aerospace bazaar by helicopter and watched a flying demonstration including Airbus’s latest jet development, the A321XLR, and air power including the French Rafale fighter. The multibillion-dollar deal for single-aisle planes – the largest ever by number of aircraft – eclipsed Air India’s provisional purchase of 470 Airbus and Boeing jets earlier this year. Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Air Show on Monday, as strong demand for jets and missiles vied for attention with the industry’s supply chain problems. ![]()
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