Vietnam Airlines’s Boeing 787-9 Civil Jet Airplane performed its flight at the 51st Paris International Aircraft in Le Burgate near Paris, France. (By Photo: Aviation- Images.com/universal images through group gati image)
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First of Kelly Ortberg Paris Air Show As Boing The CEO was ready to be relatively excited.
Under his leadership Started in AugustThe company has progressed Ramp in production Its bestseling 737 Max jets, increase in cash-generating delivery of new aircraft, and shows that it is changing a corner from a chain Manufacturing and safety crisis And years of lost ground for rival Airbus. This year shares are over 13% S&P 500.
But after a Air India flight crashed On Thursday, first marking the deadly air disaster Boeing DreamlinerOrtberg canceled the plan to visit a large -scale air show starting on Sunday.
The trade event is a major draw for the industry and is held every other year, which takes place in turn at the host champagne-flowing parties of the UK Boeing, Airbus and other aerospace giants with the Fernboro Air Show, the model organizes attractive deal ceremonies with the authorized authorities, and show their new aircraft with extreme war below.
Ortberg said in a note to employees late Thursday night, “Our industry is preparing to start the Paris Air Show, both Stephanie and I canceled the plan so that we can be with our team, and focus on our customer and investigation.”
All of the 242 people aboard the Air India Flight 171 were killed when a medical student was crashed in Dining Hall Second after the 11-year-old Boeing 787–8 Dreamliner, which was a medical student after takingoff from Ahmedabad in western India after a takeoff from Ahmedabad. sole survivor One India -born British National in seat 11A was.
The cause of the accident is unknown and it will take weeks or months to determine it. The questions focus on the fact that the aircraft loses height so quickly and evenly, appearing to glide in a fireball accident. Cockpit voice and data recorder, known as “black box”, will provide important information.
The firefighters worked to set fire to the site, where an Air India Boeing 787 Dreamliner aircraft Ahmedabad, India, crashed on June 12, 2025.
Amit Dave | Roots
“It is important that we do not guess the accident and let the investigators do their work,” Ortberg wrote.
The engine manufacturer of the aircraft, LandlessSaid that it will postpone an investor day set for Tuesday.
Increase in military conflict
Crash is not the only external factor to change the gathering in Paris.
Short time before Paris Air Show started, Israel launched Missile strike overnight On Iran. Hours later, Iran launched a drone towards the Israeli region. Airlines canceled flightsHundreds of others skirt the airspace while beating with jets in the air or returning to their destinations.
Increased stress will create military budgets and focus even more for the air shows, but they also increase the concern of how conflict and geopolitical stress can affect the demand for commercial air travel.
The show moves forward
Despite the accident and other external concerns, Boeing, Airbus And Embrace Hundreds of airplane orders are expected to be locked. The waiting time for popular new aircraft models is still strong with stretch in the next decade.
Boeing on Saturday estimated that the world would need 43,600 commercial airplanes over the next two decades, with an increase in emerging markets. This hopes that in those markets in 2044, more than half of the world fleet will be responsible, which was from 40% shares last year.
Aviation analysts say some order signing may come from pre -undeclared customers, although there are many new orders on the line.
Running issues, such as lacking Trained workerDelivery of new aircraft has been delayed, while again, off-off-tariffs have raised concerns More expensive aircraft and components,
Pricing has also fired. According to the Ishqa -e -aviation data and advisory firm, a new airbus A321NE in early 2023 was going above $ 65 million by the end of April, while a new Boeing 737 Max 8 cost was around 55.5 million dollars, compared to $ 50.25 million, compared to $ 50.25 million, in early 2023, Ishqa A. Aviation Data and Advisory firms compared to $ 50.25 million. According.
Along with the aircraft still in low supply, the lease rates are also going for old aircraft for airlines that do not like to buy multimilian-dollars aircraft, or they may need them for a shorter time period. The cost of a 12 -year -old Boeing 737 is $ 241,000 per month to rent by the end of April, about 42% from two years ago, and the same age Airbus A320 per month was 239,000 dollars, 50% profit, as per IBA Insight, another aviation data firm.
Order: How many more is buying?
The UK -based IBA -based manufacturers can see between 700 and 800 commercial aircraft orders during the Paris show, a tally that includes firm orders, options and relaxed commitments such as purchase intent letters and memorandum of understanding.
Customers may include Ethiopian Airlines and Polish carrier lots, as well as Vietnam Airlines, AirAsia, Royal Air Maroque, Etihad and Saudi Carrier Riyadh.
Ishaka said in a note last week, “A great deal from China is unavoidable for some time, if for the replacement of the reasons for the growth,” Ishqa said in a note last week.
Air India, which Ishqa had earlier listed as a potential customer, was no longer expected to buy new aircraft given to last week’s tragedy.
Return of Big Jets
Airplane customers are getting older because international travels continue to bring in money.
“It used to be all about single-Issue Order,” said Richard Abulaphia, managing director of aerospace consulting firm Aerodynamic Advisory. Now, “Everyone is booking these monster twin-cardamom order for international traffic.”
He said major international airlines such as Turkish Airlines, Gulf Carriers and others have expanded in recent years, competing for more global travelers, “cutting the pizza into small pieces.”
Since the orders are already placed, Abulafia said that he does not expect a major impact on the demand due to the accident, although some may be held back during the show.
“This is a terrible tragedy. It does not make someone’s life easy,” he said. “I now don’t think what we know now has to do anything with its design or building a airplane. It definitely doesn’t seem so.”
