Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on Monday, as strong demand for jets and air defenses vied for attention with the industry’s supply chain problems. | Reuters
lines rush for capacity to meet demand and help reach industry goals of net zero emissions by 2050.
But they also face a challenge to meet that demand as suppliers struggle with rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic. Industry executives say as many as 2,000 jet orders are up for grabs worldwide in a resurgent commercial jet market, on top of those provisionally announced already, asBut only a portion of these potential fresh deals will be ready in time for this week’s“It is only when these appear in the year-end backlog that we have any idea of the strength of the market and the quality of the orders,” said Agency Partners analyst Sash Tusa.
“This is just the beginning, there’s more going forward. With the growth of India the growth of the Indian aviation market … this is the right time for us to place this order,” IndiGo chief executive Pieter Elbers told a news conference.
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