For one week at least, the gloom of the global recession seemed to lift along with the storm clouds gathered over the grounds of the Paris Air Show in Le Bourget, France. An unexpected flurry of sales activity gave the air transport market in particular a welcome boost, as contracts for firm orders, options, letters of intent and memoranda of understanding totalled close to $17 billion.
Paris Air Show
If you can imagine the Paris Air Show as a stock market then what it has enjoyed this week is a nothing less than a rally–and a very welcome one at that. The world’s aerospace industry arrived here at Le Bourget on Monday morning in a torrential downpour of rain that seemed to symbolize its torrid fortunes over the past year.
Russian aircraft lessor Avialeasing yesterday converted a letter of intent for 24 Sukhoi Superjet 100 regional airliners signed at last July’s Farnborough airshow into a firm order valued at $715 million. Scheduled for delivery between 2011 and 2013, the airplanes are destined for Avialeasing customer airlines.
This week’s historic Paris Air Show may yet deliver its usual share of surprises, but one apparent certainty is that very few of the exhibitors are likely to go home richer off the back of new orders announced here at Le Bourget. That certainly seems to be true of the commercial air transport sector, but there is some prospect of two important deals being sealed on the military side.
Sukhoi’s new Superjet 100 airliner is making a triumphant international debut here at the Paris Air Show. For the program’s Russian and Italian partners, the Le Bourget stage is an ideal setting to signal to the market that the twinjet has got back on track after some technical delays, with first deliveries now set to happen before year-end.
More electric systems are gaining ground aboard new aircraft but they will not force hydraulics out in the near or even mid term, according to Alain Coutrot, Safran’s deputy director for research and technology. Moreover, he said, depending on the size of the aircraft, electric power addresses different needs.
The 28th salon aéronautique et spatial in 1969, promised something special. And it kept its promises.
On this 100th anniversary of the Paris Air Show French journalist Gil Roy continues his reflections on the greatest moments from the salon du Bourget’s illustrious history with a look at the show became a focal point–thankfully a peaceful one–for the Cold War.
The Paris Air Show, marking its 100th anniversary, has come a long way since it was first staged at the Grand Palais in the center of the French capital back 1909. It has long been a truly global gathering of the aerospace and defense industries.
This year marks the 100th anniversary of the world famous Paris Air Show. The event has come a long way since it was first staged at the Grand Palais in the center of the French capital in 1909, and has long since established itself as a truly global gathering of the aerospace and defense industries. French journalist Gil Roy explains how the event got off the ground while aviation itself was still very much in its infancy.