A SPECTACLE OF GROWTH
SP’s Aviation|Issue 7, 2023
With an estimated $150 billion worth of contracts signed, the Paris Air Show’s return underlined the show’s significance as a catalyst for economic growth and industry development
AYUSHEE CHAUDHARY
A SPECTACLE OF GROWTH

AFTER A FOUR-YEAR PAUSE CAUSED BY COVID-19 PANDEMIC, the highly anticipated International Paris Air Show returned with a bang. This edition was the 54th in its history, marking a significant milestone as it resumes at Le Bourget Parc des Expositions from June 19 to 25, 2023. Organised by SIAE, a subsidiary of GIFAS, the French Aerospace Industries Association, the show attracted aviation enthusiasts, industry leaders, and trade visitors from around the globe.

A record-breaking 322 official delegations from over 100 countries graced the show, including an impressive lineup of ministers, secretaries of state, and chiefs of staff.

With an exhibition space spanning 1,25,000 square meters, the show had about 2,500 companies representing 46 countries. Among them were 300 innovative start-ups, showcasing cutting-edge technologies and advancements in the aerospace industry. A total of 3,00,000 visitors attended the show, including 1,30,000 unique professional visitors (with 43 per cent of them being from outside of France) from all corners of the world. The show also opened its doors to the general public, welcoming 1,70,000 enthusiastic aviation enthusiasts who marveled at the aircraft displays and enjoyed the thrilling aerobatic performances.

During the event, an estimated $150 billion worth of contracts were signed, underlining the show’s significance as a catalyst for economic growth and industry development.

INVOCATING INNOVATION 

This story is from the Issue 7, 2023 edition of SP’s Aviation.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the Issue 7, 2023 edition of SP’s Aviation.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM SP’S AVIATIONView All
"OUR FOCUS AND PRIORITY ARE TO NURTURE THE FRIENDSHIP WITH INDIA WHEN IT COMES TO INTERNATIONAL RELATIONS" - TSHERING TOBGAY, PRIME MINISTER OF BHUTAN
SP’s Aviation

"OUR FOCUS AND PRIORITY ARE TO NURTURE THE FRIENDSHIP WITH INDIA WHEN IT COMES TO INTERNATIONAL RELATIONS" - TSHERING TOBGAY, PRIME MINISTER OF BHUTAN

In a very exclusive interaction, Manish Kumar Jha speaks with Prime Minister Tshering Tobgay in Thimphu, Bhutan over the range of issues which will further reaffirm the historic bilateral relations with India

time-read
5 mins  |
Issue 6, 2024
PUSH AI FOR BETTER SAFETY
SP’s Aviation

PUSH AI FOR BETTER SAFETY

The aviation industry has always prioritised safety above all else and with technological advancements, particularly in artificial intelligence (AI), new horizons for safety enhancements are continually being explored and implemented

time-read
3 mins  |
Issue 6, 2024
SLOW FADE OF THE FOUR-ENGINE AIRLINER
SP’s Aviation

SLOW FADE OF THE FOUR-ENGINE AIRLINER

As long-haul international tourism recovers, some leading carriers have been returning their superjumbos to service. The A380 that seemed destined to fade into the sunset has received a new lease of life.

time-read
6 mins  |
Issue 6, 2024
50 MILLION LEAP
SP’s Aviation

50 MILLION LEAP

The CFM LEAP engine family achieves 50 million flight hours, setting new standards in fuel efficiency, reliability, and sustainability in global aviation

time-read
5 mins  |
Issue 6, 2024
CFM RISE-FULL SPEED AHEAD!
SP’s Aviation

CFM RISE-FULL SPEED AHEAD!

Three years into the programme, it is clear that various RISE technologies are steadily evolving from promising design concepts to functioning components and systems. And the pace of progress is accelerating.

time-read
6 mins  |
Issue 6, 2024
JOURNEY TO THE BEYOND
SP’s Aviation

JOURNEY TO THE BEYOND

Space tourism with its challenges and excitement, currently accessible only to billionaires, holds the potential to expose a wider set of people to the views of earth's horizon and zero-g experiences in the future

time-read
7 mins  |
Issue 6, 2024
HOW THE FUTURE OF UNMANNED MILITARY AIRCRAFT IS UNFOLDING
SP’s Aviation

HOW THE FUTURE OF UNMANNED MILITARY AIRCRAFT IS UNFOLDING

The integration of Tactical AI and machine learning in defence projects is enhancing the performance and portability of high-performance capacities across various military platforms

time-read
4 mins  |
Issue 6, 2024
A SHOWCASE OF THE LATEST TECHNOLOGICAL ADVANCEMENTS IN BIZAV
SP’s Aviation

A SHOWCASE OF THE LATEST TECHNOLOGICAL ADVANCEMENTS IN BIZAV

With the focus on sustainability and innovation, and a display of cutting-edge technological advancements, insightful discussions, and strategic collaborations, EBACE2024 provided a comprehensive glimpse into the future of aviation.

time-read
10+ mins  |
Issue 6, 2024
SUSTAINABILITY-A BIG MILESTONE
SP’s Aviation

SUSTAINABILITY-A BIG MILESTONE

A steely-eyed focus on sustainability is fundamentally altering the way the airline industry operates. But the pace of progress in both SAF and engine enhancement must be greatly accelerated to make net zero a reality

time-read
10 mins  |
Issue 5, 2024
A GROWING & EXPANDING SECTOR
SP’s Aviation

A GROWING & EXPANDING SECTOR

While the space sector is on an upward trajectory with the Indian Space Policy, FDI liberalisation and the recent authorisation guidelines, the success of these initiatives hinges on a clear legal and regulatory framework to support the industry.

time-read
9 mins  |
Issue 5, 2024