232807
233559


Paris Air Show takes off

The French president descended from the skies in a European military plane, and Airbus and Boeing raced to impress with big plane orders as the Paris Air Show got underway Monday.

French President Emmanuel Macron landed at the Bourget airfield in an Airbus A400-M military transport plane to launch the aviation showcase, where the latest passenger jets will vie for attention with an F-35 warplane, drones and other high-tech hardware.

Macron, trying to raise his international profile, appears to have chosen the A400-M to give a boost of confidence to the long-troubled European military transporter project.

French fighter jets swooped overhead as the biennial aviation and defence industry kicked off.

The industry is eager to show off its wares at the Paris show after a string of public relations embarrassments recently, from the United Airlines' passenger getting dragged off a flight to British Airways' massive outage.

Airbus announced the first big deal of the week: a firm order for 100 single-aisle A320neo planes by General Electric's aircraft leasing arm, GE Capital Aviation Services (GECAS).

Boeing announced plans Monday for a new, longer version of its 737 Max, the Max-10, with more flexibility and seating space.



More Business News



234215
229791
Data from CryptoCompare
RECENT STORIES
231834
Castanet Proud Member of RTNDA Canada
234954
Press Room