Paris Air Show

June 21, 2011 by staff 

Paris Air ShowParis Air Show, The world’s largest international air show enters its second day Tuesday after chalking up to 20 billion in sales with high hopes of more to come as the airline industry bet on sustained growth ahead. All eyes will be on a possible order cost worth pioneer AirAsia of Malaysia and 18 million dollars to 200 A320neos, the workhorse of improved and more fuel-efficient Airbus stability. A senior official told AFP AirAsia on Monday that “we are looking for 200 aircraft” and the deal could be sealed in the next few days in Paris, giving Airbus all points presumably could want over rival Boeing.

Airbus and the U.S. performances dominated aerospace giant Boeing on Monday, but smaller companies such as Bombardier and Embraer Canadian Brazil, staked their claim with important orders for its regional jets.

Along with the majors, more than 2,000 small aerospace companies are selling their products in the 49th edition of the Paris International Air Show in Le Bourget, in the northern suburbs.

Airbus entered the show confidence in the back of orders from India and the Philippines for more and A320neo value of 10 billion and added another 142 aircraft, most of the same model, the labeling and 15.1 billion (10.5 million) on Monday.

Boeing, which traditionally opens its order announcements out, also had a good start, selling 22 aircraft and of 3440 million, while another unidentified customer agreed to buy 15 of its 747-8 jumbo jets to date.

Major customers were the giant U.S. aircraft leasing companies and LAC Gecas, preparing for sustained growth that Boeing estimates will come in an average of 4.5 percent annually in coming years as the industry takes off the dust of the global financial crisis.

Jim Albaugh, chief operating officer of Boeing Commercial Airplanes, said Monday that the market would come back strongly, but noted that small companies in emerging countries like China and Brazil began to make an impact.

“The traffic is coming off a very strong,” Albaugh said, adding that the day of the Airbus-Boeing “duopoly” was over.

Boeing estimates that 33,500 aircraft worth 4.0 billion dollars and (2.8 billion euros) will be needed over the next 20 years, most of them single-aisle mid-distance, as pillars of its 737, world’s largest aircraft sales, and the Airbus A320 series.

Le Bourget may have some of the latest technologies in the program, but the A380 superjumbo showed how the best plans could get lost when AA cut building your arrival on Sunday, put out of action.

The day is saved for when a Korean Airlines Airbus A380 took to the skies to the astonishment of the crowd that looks to see other planes are roaring through their gravity-defying steps on Tuesday.

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