A SPECTACLE OF GROWTH

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

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