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The European manufacturer, Airbus, is threatening to capture arch-rival Boeing’s global market.
The Paris Air Show comes at a time when global military spending is the highest since 1988.
While the show is about exhibiting the jets, commercial planes and other aircraft, the idea of flying a jet without a pilot has caught the fancy of many, at the show.
The International Paris Air Show, one of the biggest events in aviation, kicked off at Le Bourget, north of the French capital on June 17.
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The European manufacturer, Airbus, is threatening to capture arch-rival Boeing’s global market. In the meanwhile, Israel has put on display futuristic drones that provides enhanced intelligence and surveillance.
The Paris Air Show comes at a time when global military spending is the highest since 1988. Arms spending was at $1.8 trillion in 2018. It had dropped dramatically after the end of the Cold War and has recently picked up, after more than two decades.
While the show is about exhibiting the jets, commercial planes and other aircraft, the idea of flying a jet without a pilot has caught the fancy of many, at the show.
Here are some key takeaways from the Paris Air Show -
The Paris Air Show, currently in its 53rd year, is likely to attract around 400,000 people and 2,000 companies from 590 countries.
Credits: AP
Many major firms in the aviation sector have talked about unveiling autonomous jets and even an “air taxi” to attract investors including Airbus.
Credits: AP
Airbus has joined the league and has claimed that it already has the technology to fly passenger planes without pilots, and seems like it is winning over investors. While the company is still far away to manufacture a battery-operated jumbo jet.
Credits: AP
Many European companies are likely to exhibit sixth generation fighter concepts. These fighter jets are unlikely to be detected in the current radar system used by many countries.
Credits: Reuters
Israel is likely to display the next-gen drones that are reportedly capable of providing enhanced surveillance for ground forces as small as brigades and division and also for naval squadrons
Credits: AP
More than 4,600 jets have been purchased on the first day of the show but have not yet been delivered to the buyer India’s Light Combat Aircraft isn’t participating in the show, while Pakistan’s JF-17 thunder is.
Credits: Reuters
The rivalry between European manufacturer Airbus with Boeing is getting fierce this year with Boeing finding it difficult to stretch, amid the crisis surrounding its premier jet, the 737 MAX. Airbus was able to bag $13 billion worth a deal for its new jets whereas Boeing Co. recorded zero.
Credits:AP
Airbus SE cleaned up on the first day of the 2019 Paris Air Show, locking in $13 billion in orders for new jets to zero for Boeing Co.
Credits:AP
Airbus kicked off participation at the Paris Air Show with much more enthusiasm, announcing the launch of a new one-aisle jet - the A321XLR - which will be able to make nonstop flights of up to 8,700 kilometers (about 5,400 miles). This is 15% longer than the firm's other models.
Credits: Reuters
During the event, Boeing reportedly signed with GECAS (Capital Aviation Services) a deal to sell 10, 737 cargo jets. Airbus too signed a contract to sell four units of that jet to Lebanon's Middle East Airlines, which will be the first to use it, starting next year.
Credits:AP
The second deal was a sale by Airbus to Virgin Atlantic of eight A330-900's, with an option to purchase six more, a contract which - if fully realised - would be worth $4.2 billion.
Credits: Reuters
Meanwhile, Brazil's Embraer signed a deal with United Airlines to sell 20 of its short-distance E175 jets (seating 70 people) and an option for 19 more, a deal valued at $1.9 billion.