- The Paris Air Show opens its doors to professionals this Monday after 4 years of absence
- Emmanuel Macron expected on site
- American companies and delegations are strongly represented
- Many device orders are expected
BFM Business live from Le Bourget
This Monday, BFM Business moves its studio from the terrace of the Paris Air Show.
For Good Morning Business, Laure Closier and Christophe Jakubyszyn receive:
- Jean-Christophe Lambert, Co-Founder and Chairman of Ascendance Flight Technologies;
- Anne-Charlotte Fredenucci, President of Ametra;
- Nathalie Tarnaud, Executive President of ATR;
- Thierry Breton, European Commissioner for the Internal Market;
- Marwan Lahoud, President of Private Equity at Tikehau Capital.
Americans in force at Le Bourget
The United States is strongly represented for this 54th edition: stand, events, civil and military aircraft… They intend to strike a blow and steal the leading role from the Europeans.
More than 400 American companies have come to Le Bourget and among them, the top 10 aeronautical giants in the country: Raytheon, Locheed Martin, Boeing of course, Northop Gruman…
Also present in the halls of the fair are the pavilions of Ohio, Florida, Texas, Connecticut, Oklahoma, which come to look at Europeans and the world more broadly, to boast of their industrial capabilities and to remember the merits of the IRA. and its massive subsidies.
Why is it worth following the Paris Air Show on the stock market?
Although Le Bourget is a key event for the aviation industry, aviation enthusiasts and the media, investors should not overlook it.
In this article we review the 4 main points to watch
The eternal match Airbus-Boeing
The first four days of the show are reserved for professionals and should be dominated by the eternal rivalry between Airbus and Boeing. While companies are pending orders for hundreds of devices representing tens of billions of dollars and years of business, this mix of orders will be tracked throughout the program at BFM Business.
Emmanuel Macron expected at the show
Aeronautics remains the main contributor to the French trade balance (22.7 billion euros in 2022), an element that President Emmanuel Macron should raise this Monday during his planned visit.
French aeronautics and space will feature 1,130 exhibitors, from giants to SMEs and numerous start-ups.
Twice as many planes in 2042?
Boeing expects the commercial aircraft fleet to double in the next 20 years, according to estimates released Sunday. They are slightly larger in volume than their competitor Airbus.
For the US aircraft manufacturer, 48,575 aircraft will be in service in 2042, up from 24,500 last year. This will require producing, all manufacturers combined, 42,595 aircraft, half of which will be dedicated to replacement of existing aircraft and the other half to net growth.
More information in our article
The Paris Air Show opens its doors this Monday
After 4 years of absence, Covid obliges, the Paris Air Show returns. An “unavoidable meeting place for all enthusiasts and curious people”, as Guillaume Faury, president of the Group of French aeronautical and space industries (Gifas), organizer of the event, presents.
It expects 320,000 visitors from June 19 to 25 at Le Bourget airport, 9 km northeast of Paris.
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Source: BFM TV
