U.S. fares poorly at Paris Air Show
LE BOURGET, France (AP) — Boeing didn’t score a single jet order and its competitor Airbus didn’t fare that much better on Monday’s opening day of the Paris Air Show, where the mood among the world’s aviation industry leaders was as damp as the weather.
Worries about the unexplained crash of Air France Flight 447 hung in the air as airlines and planemakers gathered at the 100th anniversary of the world’s first and largest air show. Pouring rain at the Le Bourget air field, combined with plunging revenue, layoffs and unprecedented losses in the industry, set the stage for a modest gathering.
While defiant Boeing Co. executives said the overall prospects were robust, the Chicago-based aviation giant reported no new orders Monday. Airbus announced just one, from Qatar Airways, for 24 jets from the A320 family worth $1.9 billion.
At the opening day of the industry’s last major show, in Farnborough, England, a year ago, airlines from oil-rich Middle Eastern countries booked orders for about 150 planes worth more than $25 billion.
Gulf-based carriers were among the few pulling out their checkbooks this year.
Qatar Airways’ head, Akbar al-Baker, announced firm orders for 20 single-aisle A320s and confirmed a commitment for four A321 jets announced last year at the Farnborough Air Show.
He said the deal announced Monday is worth $1.9 billion, which is about the same as the list price. Airlines, however, usually negotiate steep discounts to catalog prices, particularly during grim economic times.