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MONDAY, NOVEMBER 23, 2009
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Paris Air Show Hits Turbulence

Tragedy, economic losses hang over 100th show

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(Newser) – Clouds hang over the launch of the 100th anniversary Paris Air Show today as investigators continue to pore over the wreckage of Air France flight 447. Bad business news combines with the tragedy to make this year's event less than stellar. Russia's first post-Soviet jetliner is expected to upstage Western projects delayed by financial hiccups. In addition, the annual order showdown between Boeing and rival Airbus will lack its usual luster since the world's airlines are predicting $9 billion in losses next year.

Boeing and Airbus both face project delays as the US—the world's biggest military spender—slashes its defense budget. The International Air Transport Association calls the current state "the most difficult situation the industry has faced," Reuters reports. Despite the grim news, organizers remain optimistic about drawing crowds of some 400,000.

A mechanic cleans the propeller of an ATR72 of the Vietnam Airlines, on the eve of the opening of the Paris Air Show.
A mechanic cleans the propeller of an ATR72 of the Vietnam Airlines, on the eve of the opening of the Paris Air Show.   (AP Photo/Remy de la Mauviniere)
A cleaner works on a Bombardier-made Global Express XRS jet liner, on the eve of the opening of the Paris Air Show.
A cleaner works on a Bombardier-made Global Express XRS jet liner, on the eve of the opening of the Paris Air Show.   (AP Photo/Remy de la Mauviniere)
A mechanic works on a Russian-madeYak III, two days before the opening of the Paris Air Show.
A mechanic works on a Russian-madeYak III, two days before the opening of the Paris Air Show.   (AP Photo/Remy de la Mauviniere)
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Clips from yesterday's rehearsal of the Paris Air Show.   (slasherfun)

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TerrifiedCitizen
Jun 15, 09 3:01 PM CDT
Up in the air over nothing. Reply
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