The head of Airbus anticipates a decrease in aircraft orders at the upcoming Paris Air Show due to heightened defense concerns and the recent Air India crash. Guillaume Faury, CEO of Airbus, expressed the somber mood at the event but remained optimistic about the industry's overall momentum. Despite challenges, Faury expects significant orders at this year's show, which will also focus on security and defense.
Industry experts predict a decline in commercial aircraft orders, with estimates ranging from 700 to 800 orders compared to 1,300 in 2023. The aviation sector continues to face supply chain issues, impacting order volumes at major industry events.
Source: CNBC
