'People just want their jets.' Paris Air show returns as Boeing, Airbus race to increase production
Publishing timestamp: 2023-06-18 12:00:01
Summary
The Paris Air Show is returning after a four-year hiatus, with expectations of 2100 aircraft orders. Boeing and Airbus are racing to increase production to meet the surge in air travel demand. Airlines are looking to replace older aircraft and prepare for future growth, but production delays are driving up lease rates for both new and older planes.
Sentiment: MIXED
Keywords: boeing co, trade, breaking news: markets, aerospace and defense industry, travel, business, united airlines holdings inc, markets, delta air lines inc, life, business news, transportation, airlines, breaking news: business,