Business NEWS

A report on 48th Paris Air Show at Le Bourget Airport!

By Amarendra Bhushan for CEOWORLD Magazine Updated:June 16, 2009


The Paris Air Show comes amid tough times for the recession-hit airline industry and in light of unanswered questions over the crashed Air France jetliner.

The biennial Paris Air Show, first staged in 1909. The Paris Air Show is celebrating its 100th anniversary.

The 48th Paris Air Show opened Monday at Le Bourget Airport, north of Paris. It will last until Sunday. The world’s leading plane makers mount a fresh effort to nail down new deals at the Paris Air Show.

Airbus, a consortium of the French, British, Spanish and German aircraft industries was the big winner on the first day of the week-long show on Monday, announcing a 1.9-billion-dollar order from Qatar Airways for 24 medium-haul A320 planes.

Russian-controlled Hungarian airline Malev announced plans to buy 30 Sukhoi Superjet 100 planes worth up to $1 billion as the Russian aircraft maker predicted it would have 150 orders for the new jet by the end of 2009.

SuperJet International is a joint venture between Italy’s Alenia Aeronautica and Russia’s Sukhoi Civil Aircraft.

The Superjet 100 is marketed as cheaper than its rivals, Brazil’s Embraer and Canada’s Bombardier, with a catalogue price of 28 million dollars (20 million euros).

Rolls-Royce PLC signed a $1.5 billion order with Gulf Air to supply engines for the Bahrain-based airline’s new Airbus A330 long-haul aircraft. The British aircraft engine manufacturer will supply Trent 700EP engines to power 20 Airbus A330 aircraft, with deliveries beginning in 2012.

Canada’s Bombardier announced it had won, confirmed or converted a total of 35 firm orders for its CRJ1000 NextGen jets by Spanish regional carrier Air Nostrum, in deals worth a total of $1.75 billion.

parisairshow

A series of China-made planes and missiles have gone on display at this year’s Paris Air Show. China’s latest L-15 jet trainer and air-to-air missiles are among the exhibits displayed by the Aviation Industry Corporation of China, the country’s major airline manufacturer.

Boeing Co. executives said the industry’s prospects were robust, yet the Chicago-based aviation giant has reported no new orders so far.

Turkish Airlines, one of Europe’s fastest growing carriers, bought five Boeing 777 wide-body planes last month could be in the market for aircraft.

L-3 Communications Holdings Inc. and Alliant Techsystems Inc. are among the major defense companies also showing off unarmed turboprop surveillance planes at the show.

Air Tractor Inc., of Olney, Texas, is displaying its prototype Air Truck AT-802U, which is essentially a two-seat combat-ready crop-duster with weapons and advanced electronics.

Google Buzz

Like this article!

Share this Post:
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • email
  • FriendFeed
  • LinkedIn
  • MySpace
  • RSS
  • StumbleUpon
  • Technorati
  • Yahoo! Buzz
  • Identi.ca
  • PDF
  • Wikio
  • Mixx
  • Print
  • Propeller
  • SphereIt
  • Sphinn
  • Suggest to Techmeme via Twitter
  • Tipd

Get It Delivered To Your Inbox


Readers Rating:
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...
Popularity:
17999 views
Leave a Comment:
add your comment
Tagged with: , , ,
blog comments powered by Disqus


Follow CEOWORLD Magazine

96357 RSS and 9500 Twitter Subscribers

Enter your email address:

Post a Job on CEOWORLD Magazine

Jobs on ceoworld

CEOWORLD Magazine on Facebook

Market summary



CEOWORLD News

EE Times Europe Launches New Website

EE Times Europe team unveiled its new website: http://www.electronics-eetimes.com/. Presenting a cleaner look, improved [...]

MySpace founders Chris DeWolfe, Colin Digiaro, and Aber Whitcomb to acquire MindJolt with Austin Ventures partnership

MySpace Founders Chris DeWolfe, Colin Digiaro, and Aber Whitcomb today announced a partnership with Austin Ventures, to [...]

General Motors Co. vice chairman, Bob Lutz set to retire

General Motors Co.’s (GM, news: 0.75 0.00 0.00%, cap: N/A, 1yr target: 0.00) vice chairman, Bob Lutz, will retire [...]

Greece Prime Minister George A. Papandreou on Twitter

Greece Prime Minister George A. Papandreou has a Twitter @PrimeministerGR account. Along with his Twitter account, the P [...]

Music streaming service Mog Gets Another $10 Million

MOG, A music streaming service with backing from both Universal Music Group and Sony Music, has raised $9.5 million in a [...]

Advertisement!

CEOWORLD Magazine

Poland Business Guide


cosmos yachting LLC

lucentbyte


Global business networking



An International Business and Online Marketplace offers B2B Leads & promoting B2B Products of Worldwide Importers & Exporters


Get Chitika Premium

Thank you!

Quick Links:     Journalist Association of Europe Member   ·   Careers   ·   Subscription   ·   CEOWORLD Exchange   ·   Contact Us   ·   Terms of Use   ·   About us   ·   Advertise