Paris 2019, which starts on Monday, will be the most challenging trade show for both Boeing and Airbus.
Paris Airshow is the world’s largest show with over 320,000 expected visitors, 2300 exhibitors and 30 national pavilions displaying and trading tens of billions of dollars (usually $685bn) worth of planes and aerospace equipment.
At the 2017 Paris Air Show, both Boeing and Airbus racked up 1351 orders, but this show may see some dramatic announcements.
Boeing has its hot-selling 737MAX grounded for more than four months now, and Boeing planes are on the list on escalating trade war between China and US.
Boeing sells one-fourth of its production line to Chinese customers and more than 50 per cent of the Chinese fleet comprises Boeing airplanes. China may be taking this trade war to justify locals to look into their homegrown Comac Aircraft.
Boeing has no exciting models to offer other than 777x, but that also affected by GE engine issues. Its proposed NMA – New Midsized Airplane or 797 as some call it, is still on the drawing boards.
In the meantime, Airbus has A321XLR to offer, but the European plan maker also recorded more cancellations than orders for this year, means as of May 31 Airbus recorded 68 new planes orders but 125 cancellations.
International Air Transport Association warned that industry profits would fall by more than $7 billion as global trade dipped.