Mike W
2nd June 2009, 07:21 AM
Piece on the upcoming Paris Air Show from Fleetbuzz Editorial
http://www.fleetbuzzeditorial.com/2009/06/01/en-paris/
June 1st, 2009
Just under two weeks from now the Paris Air Show kicks off, marking not only 100 years, but also one of the most uncertain outlooks that no one has the ability to correctly predict when an industry rebound will occur.
While the 2007 show was hit with rain showers, it also had what this show will lack - lots of money splashing around.
Credit is tight, the annual order figures (including cancellations) for Airbus and Boeing show that there is no specific pattern or trend emerging - rather the “unknown unknowns” is creating more questions than answers and a desire to hold on to the bumper order books has suddenly become more important than going out to secure new orders. Continues
http://www.fleetbuzzeditorial.com/2009/06/01/en-paris/
June 1st, 2009
Just under two weeks from now the Paris Air Show kicks off, marking not only 100 years, but also one of the most uncertain outlooks that no one has the ability to correctly predict when an industry rebound will occur.
While the 2007 show was hit with rain showers, it also had what this show will lack - lots of money splashing around.
Credit is tight, the annual order figures (including cancellations) for Airbus and Boeing show that there is no specific pattern or trend emerging - rather the “unknown unknowns” is creating more questions than answers and a desire to hold on to the bumper order books has suddenly become more important than going out to secure new orders. Continues