Boeing Dreamliner crash, military escalations darken Paris Air Show
From CNBC: 2025-06-15 04:00:00
The Boeing 787-9 civil jet airplane of Vietnam Airlines wowed spectators at the Paris International Airshow, showcasing its flight display. Boeing CEO Kelly Ortberg was expected to attend the upbeat event, highlighting Boeing’s progress in increasing production and turning a corner from past crises. However, Ortberg canceled plans after an Air India flight crash involving a Boeing Dreamliner.
The Paris Air Show, a biennial event, is a major industry draw where aerospace giants showcase new aircraft and sign deals. Ortberg canceled his attendance after the Air India crash, which resulted in the death of all but one passenger. The cause of the crash remains unknown, with investigators analyzing black box data.
Escalating military conflict between Israel and Iran has added tension to the Paris Air Show. Airlines diverted flights in response to missile strikes and drone activity. This conflict underscores concerns about how geopolitical tensions may impact commercial air travel demand. Despite external challenges, Boeing, Airbus, and Embraer are expected to secure hundreds of airplane orders.
Boeing forecasts a need for 43,600 commercial airplanes over the next two decades, with emerging markets driving growth. Despite ongoing challenges like worker shortages and tariffs affecting aircraft pricing, demand for new planes remains strong. Manufacturers are expected to secure hundreds of orders at the Paris Air Show, with potential customers including Ethiopian Airlines, AirAsia, and others.
International travel demand is driving a shift towards larger twin-aisle airplane orders. Major airlines are eyeing big jets for global travel, expanding their fleets to compete for passengers. While the Air India crash is a tragic event, it is not expected to significantly impact demand for new aircraft. Aviation experts believe the crash is unrelated to aircraft design or construction.
Read more at CNBC: Boeing Dreamliner crash, military escalations darken Paris Air Show