Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
What Is A Social Security Cost Of Living Adjustment (COLA)?

What Is A Social Security Cost Of Living Adjustment (COLA)?

June 21, 2025
Personal finance weekly news roundup June 21, 2025 ~ Credit Sesame

Personal finance weekly news roundup June 21, 2025 ~ Credit Sesame

June 21, 2025
Photos Show Empty Seats at the 2025 Club World Cup

Photos Show Empty Seats at the 2025 Club World Cup

June 21, 2025
Things You Need to Know Before Going to Seattle, From a Local

Things You Need to Know Before Going to Seattle, From a Local

June 21, 2025
Why Is Home Equity Borrowing On The Rise?

Why Is Home Equity Borrowing On The Rise?

June 21, 2025
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 21, 2025 9:01 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
Fin Street NewsFin Street News
Home » Why Defense and Airbus Dominated This Year’s Paris Air Show
Why Defense and Airbus Dominated This Year’s Paris Air Show
Finance

Why Defense and Airbus Dominated This Year’s Paris Air Show

News RoomBy News RoomJune 21, 20250 ViewsNo Comments

Airbus won the orders game at an unusual Paris Air Show, overshadowed by geopolitical tensions and last Thursday’s Air India plane crash.

Boeing chose not to announce any orders and kept a low profile. The sense of mourning was palpable inside the company’s chalet. All staff wore Air India pin badges to commemorate Flight 171.

“This show definitely has a very different tone for us in the Boeing company,” said Turbo Sjogren, senior vice-president for government services, as he began its first media briefing on Tuesday.

“When you go into our chalet, when you go into our exhibit, you will see not only flowers, but you will see all Boeing employees wearing this,” he added, pointing to his pin. “It’s been a very tough time for us, and it affects all of our employees.”

Both CEO Kelly Ortberg and the chief of its commercial airplanes division, Stephanie Pope, canceled their plans to attend the show.

Even as Airbus announced order after order, airline and lessor CEOs began signing ceremonies by expressing sympathy for the victims in Ahmedabad.

The European planemaker tallied 142 firm commercial aircraft orders, including 25 A350-1000s from Saudi Arabia’s new airline, Riyadh Air. Additionally, Vietnam’s VietJet signed an agreement to buy 100 A321neos.

Embraer also scored big, as regional airline SkyWest ordered 60 E175 jets in a deal the Brazilian firm valued at $3.6 billion.

With 2,500 exhibitors from 48 countries, the global nature of aviation was tangible at Le Bourget Airport — where Charles Lindbergh landed the Spirit of St Louis after his historic transatlantic flight in 1927.

However, geopolitical tensions bubbled over amid the conflicts in Gaza and between Israel and Iran.

Five Israeli defense companies arrived on Monday to find organizers had blocked off their stands overnight with large black walls.

The French government had ordered them to remove offensive weapons from their pavilions, but they declined to do so, Israel’s ministry of defense said in a statement.

“They’re saying that they would discuss it with us and see what goes out, but when we came here this morning, it was unilaterally done,” Shlomo Toaff, an executive vice president at Rafael, told reporters.

Business Insider saw half a dozen police officers gathered by the pavilions on Monday morning, and two officers standing guard throughout the week.

French Prime Minister François Bayrou said the decision was made given “extreme tensions” in the region and “France’s diplomatic choices, in particular the very great concern about Gaza.”

Meanwhile, the F-35 appeared to be the most popular aircraft of the flying displays. Nearly everyone on the tarmac stopped, phones pointed skyward, below the deafening roar of the fighter jet that Israel has used to bomb Gaza and Tehran.

Compared to past major shows, it was a salient reminder of an increasingly troubled world.

Qatar Airways CEO Badr Mohammed Al-Meer also pulled out of the air show at the last minute.

In a video message after the airline was named the world’s top carrier for the ninth time, he said he flew home from Paris on Monday, “to focus on our operational responsibilities due to the geopolitical situation in the Middle East.”

“It feels incredibly strange not to be there,” Al-Meer added. “In over a decade with our airline and airport, I’ve never missed a Skytrax ceremony.”

Growing conflicts and President Donald Trump’s policies have prompted European countries to increase their defense spending and seek more autonomy over military programs.

About 45% of the Paris Air Show was dedicated to defense and security, a “strong increase” from 2023, organisers said. The event is typically far more focused on civil aviation, especially compared to the UK’s defense-leaning Farnborough Air Show, with which it alternates each year.

While there were reasons for industry figures to feel despondent this week, the sector is starting to move on from recent troubles.

At last year’s Farnborough show and Paris the year before, the main theme was recovering from the pandemic. Passenger numbers have now eclipsed 2019 levels, and while the supply chain is still struggling, constraints are easing.

“There is renewed optimism around the ability to restore capacity,” said Chad Stecker of Incora, a supply chain solutions provider for aerospace and defense firms.

“We’re not out yet, I would say,” he told BI. “But there’s really a life at this show, a renewed life, and optimism around where we’re headed.”



Read the full article here

air Airbus defense dominated Paris show years
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Photos Show Empty Seats at the 2025 Club World Cup

Photos Show Empty Seats at the 2025 Club World Cup

Israel Is Very Good at a Key Element of Winning an Air War

Israel Is Very Good at a Key Element of Winning an Air War

Robot Maker Said the Ukraine War Led It to Make Big Changes

Robot Maker Said the Ukraine War Led It to Make Big Changes

Everything We Know About Lauren Sánchez and Jeff Bezos’ 2025 Wedding

Everything We Know About Lauren Sánchez and Jeff Bezos’ 2025 Wedding

Accenture Is Giving Consulting a New Name: ‘Reinvention Services’

Accenture Is Giving Consulting a New Name: ‘Reinvention Services’

Best Zombie Movies to Watch After ’28 Years Later’

Best Zombie Movies to Watch After ’28 Years Later’

16 Billion Passwords Were Leaked — Here’s How to Protect Your Data

16 Billion Passwords Were Leaked — Here’s How to Protect Your Data

Best Barbecue Cheeseburger From 3 Fast Food Chains, Ranked

Best Barbecue Cheeseburger From 3 Fast Food Chains, Ranked

I Ate at Olive Garden for First Time in Over 20 Years; Worth the Money

I Ate at Olive Garden for First Time in Over 20 Years; Worth the Money

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Personal finance weekly news roundup June 21, 2025 ~ Credit Sesame

Personal finance weekly news roundup June 21, 2025 ~ Credit Sesame

June 21, 2025
Photos Show Empty Seats at the 2025 Club World Cup

Photos Show Empty Seats at the 2025 Club World Cup

June 21, 2025
Things You Need to Know Before Going to Seattle, From a Local

Things You Need to Know Before Going to Seattle, From a Local

June 21, 2025
Why Is Home Equity Borrowing On The Rise?

Why Is Home Equity Borrowing On The Rise?

June 21, 2025
Israel Is Very Good at a Key Element of Winning an Air War

Israel Is Very Good at a Key Element of Winning an Air War

June 21, 2025

Latest News

Woman Turns Two-Car Garage Into Successful Airbnb in Massachusetts

Woman Turns Two-Car Garage Into Successful Airbnb in Massachusetts

June 21, 2025
Tax Evasion vs. Tax Avoidance: One’s Illegal, The Other Is Smart Planning

Tax Evasion vs. Tax Avoidance: One’s Illegal, The Other Is Smart Planning

June 21, 2025
Robot Maker Said the Ukraine War Led It to Make Big Changes

Robot Maker Said the Ukraine War Led It to Make Big Changes

June 21, 2025

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2025 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.