The exhibition opened on June 19th in Le Bourget, a suburb of Paris, with the participation of approximately 2,500 companies and countless models of aircraft, helicopters, UAVs, and flying cars, according to AFP. This is the world's largest airshow, held alternately with the Farnborough Airshow in the UK.
Visitors at the Paris International Airshow on June 19.
On the opening day alone, numerous aircraft orders were signed, including a record-breaking deal between Indian low-cost airline IndiGo and European aircraft manufacturer Airbus. According to AFP, Airbus will sell 500 A320 narrow-body commercial aircraft to IndiGo for a list price of $55 billion. This is the largest contract in history, surpassing the preliminary agreement between Airbus and Boeing (USA) with Air India (India) for the supply of 470 commercial aircraft, which was expected to be signed at this exhibition.
The Paris Air Show sees a surge in deals, with defense equipment experiencing favorable conditions.
With increased travel demand following the pandemic, coupled with the trend of modernizing fleets to reduce emissions, aviation industry regulators estimate the market still needs 2,000 new aircraft in addition to the number initially announced at the exhibition. On the other hand, military aircraft, missiles, and flying vehicles also attracted significant interest.
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