So yesterday was the first day of the Paris Air Show, and, alas, Boeing booked zero new orders while its European competitor Airbus had a great day. That’s great for Europe, bad for us. Right? Well, not so fast!
I’ve harped ad nauseam about global connectivity, supply chains, etc., ever since the first round of Trump tariffs were announced. Here’s a look below the surface of all of those Airbus orders:
GE engines will power 280 Airbus planes purchased by India’s low-cost carrier Indigo, a deal
worth $20bn and reportedly the largest of its kind ever. GE Aviation CEO David Joyce says “we’re looking at $35bn in new business, engines and services and I’m telling you that’s conservative.”
Yep, while of course we’d like to see Boeing capture much of the world’s airline business, GE is a huge beneficiary of Airbus’s latest success…