Paris Air Show Concludes with $150 Billion Orders

28.06.2017 Aviation
Paris Air Show Concludes with $150 Billion Orders

Paris Air Show Concludes with $150 Billion Orders

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This year’s Paris Air Show saw fewer visitor numbers - a result of the tight security in the wake of several terror attacks - but still proved a “good vintage”, as orders rose to $150 billion from $130 billion two years ago, said a report.

Boeing and Airbus took the lion’s share of orders with a total of $114 billion - $74.8 billion and $39.7 billion respectively, said a report in Menafn.com.

Boeing outperformed its rival Airbus with it new 737 MAX 10 airliner, taking in a total of 571 orders and commitments. However, Airbus won a big order from Iran’s Zagros Airlines for 20 planes of the A320neo family and eight of the A330neo type, the report said.

D’Arcimoles said strong orders apart, this year’s edition saw other positives, such as the third edition of an employment fair showcasing opportunities in the aeronautical sector which he said attracted “more than 60,000 people, essentially young people”.

In addition, Paris Air Lab, a new forum dedicated to research, brought in 50,000 visitors and allowed a number of start-up firms to book their first orders, he added.

The show received 140,000 professional visitors, a 6% drop from two years ago. 

Non-professional visitors to the event were also in for a treat with programs showing off some 30 Rafale and Mirage combat planes, military helicopters and business and commercial jets and a spectacular performance by the French Patrol demonstration squadron.

On the whole, the organizers welcomed on the 7 days of the show (19-25 June 2017) about 2,215 exhibitors and 31,5000 visitors.

The International Paris Air Show is an international aviation and aerospace exhibition, which is organized every two years by the SIAE, a subsidiary of GIFAS, the French Aerospace Industries Association.

It is one of the oldest and largest air shows in the world. Here the newest technologies of the aerospace industry and related equipment, such as aircraft engines, satellite navigation technology, aircraft cabins and seats and weapons systems will be presented.

Over the years this show has become one of the most important international platforms in the industry.  The International Paris Air Show takes place biennially.

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