Pandemic-hit airline industry to regroup at Dubai Airshow

The Dubai Airshow, the largest aviation trade event to be held since the pandemic, will kick off in Dubai on Sunday. Two major European shows - the Paris Airshow in Le Bourget in 2021 and Britain's Farnborough International Airshow in 2020 - were cancelled, making this an opportunity for the aerospace industry to get together after two challenging years. The biennial Dubai Airshow is famous for record-breaking, multi-billion-dollar commercial aircraft deals signed between airlines and manufacturers but this year's edition is expected to be different. The IATA is not expecting "much in terms of large aircraft orders" at the upcoming Dubai Airshow. "I'm not aware of any major announcements that are likely to be made and certainly the CEOs that I've spoken to have taken a cautious approach," Willie Walsh, DG of IATA said during a media briefing last week. The event comes at a time when the financially battered airline industry is starting to emerge from the pandemic, looking to rebuild flight networks and review fleet plans - as they phase out older, less fuel-efficient aircraft. The show will also see a significant attendance of defence firms with 20 countries, including Brazil, Russia, France and Israel, setting up their own country pavilions. According to organisers, the event will feature 1,200 exhibitors, and at least 160 commercial and military aircraft will be on display on the tarmac.<br/>
BBC
https://www.bbc.com/news/business-59276268
11/14/21