Boeing, Airbus End Paris Air Show with $70 Billion in Aircraft Orders

By Paul Riegler on 19 June 2019
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DSC_0420 (1)As the Paris Air Show drew to a close, Airbus and Boeing announced additional sales.

The show opened on Friday to the public and will run through Sunday. Meanwhile, senior executives from major airlines and aircraft manufacturers have departed, bringing an end to the megadeals that were announced.

British Airways parent IAG sent shockwaves through the industry with a deal to purchase 200 Boeing 737 Max aircraft. The deal, valued at $24 billion, was a major vote of confidence for Boeing.

American Airlines became the first U.S. airline to order the Airbus A321XLR. The world’s largest airline will use the long-range single-aisle jetliners to replace older aircraft such as Boeing 757s and on longer routes where there isn’t a sufficient number of travelers to support the additional expense of flying a larger twin-aisle aircraft.

Both Airbus and Boeing can claim to have come out of the show as the winner. Airbus signed contracts for 281 aircraft in deals worth $33.9 billion, while Boeing signed agreements for 236 aircraft valued at $35.6 billion.

In addition, Eviation Aircraft unveiled its all-electric nine-seat commuter aircraft. Dubbed Alice, the aircraft is expected to make its first flight later this year and enter service in 2022.  The Israeli aircraft’s range is 650 nautical miles (748 statute miles or 1250 kilometers) and launch customer Cape Air placed an order for 92.

The Paris Air Show is the largest air show and aerospace-industry fair in the world. It traces its origins back to 1908, when a section of the Paris Motor Show was dedicated to aircraft.

(Photo: Accura Media Group)

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