
War, trade, crash cast cloud over Paris Air Show
VERNON: France's Minister of Armed Forces Sebastien Lecornu (left) speaks flanked by France's Minister in charge of Industry and Energy Marc Ferracci (center), France's Minister in charge of Higher Education and Research Philippe Baptiste (2nd right), France's Minister for Economy, Finances and Industrial and Digital sovereignty Eric Lombard (right) and French CEO of MaiaSpace Yohann Leroy (left) during a visit to the aerospace company MaiaSpace facilities in Vernon, northwestern France, on June 13, 2025. – AFP
PARIS: War, tariffs and the Air India crash will cast a shadow over the Paris Air Show as the aerospace industry's biggest annual gathering opens on Monday. More than 2,400 companies from 48 countries are showing off their hardware at the week-long event at Le Bourget airfield on the outskirts of Paris. The sales rivalry between Airbus and Boeing usually drives the headlines as the world's top civilian planemakers announce many of their biggest orders at the air show.
But this year's event 'is much more complex', said Airbus chief executive Guillaume Faury, who also chairs the board of the Gifas association of French aerospace firms that organizes the biennial event. The list of challenges is growing. Russia's war in Ukraine is stretching into its fourth year and there are fears of a wider conflict in the Middle East after Zionist entity launched strikes on Iran on Friday, disrupting commercial flights across the region. The world economy is expected to slow sharply after US President Donald Trump launched his tariff blitz in April.
And Boeing is facing a new crisis after Thursday's crash of a 787 Dreamliner operated by Air India in the city of Ahmedabad, which killed at least 265 people on board and on the ground. Boeing chief executive Kelly Ortberg cancelled plans to attend the Paris Air Show to focus on the investigation into the crash. Prior to the tragedy, Boeing had been making progress under a new leadership as the US company sought to restore trust after a series of safety and quality lapses. Boeing and its European rival, Airbus, have also been dealing with delays in delivering aircraft due to supply chain issues.
US President Donald Trump's tariff onslaught has added to the issues facing the industry, which relies on a global supply chain. Trump imposed 10 percent tariffs on US imports of goods from nearly every country in April, and steeper levies on dozens of countries could kick in next month. The Trump administration is also mulling whether to impose sector-specific tariffs of between 10 and 20 percent on civil aircraft and parts. The heads of Airbus and Boeing have both called for tariffs to return to zero as had been the case since a 1979 agreement. 'The entire Western aerospace industry considers that would be the best that could happen,' said Faury. In a recent interview with trade journal Aviation Week, Ortberg warned that that tariffs are an added cost for Boeing, which has been financially weakened in recent years by production problems.
We're 'not in a position to pass those (costs) along to our customers,' he told Aviation Week. 'I'm hopeful that, as each of these country-by-country negotiations resolve, those tariffs will go away in the long run.' The tariff problems come as the industry has yet to fully recover from effects of the COVID pandemic on its supply chain. Airbus is having trouble getting enough fuel-efficient engines for its top-selling A320 family of single-aisle jets, holding back the delivery of around 40 aircraft. The main bottleneck is a lack of toilets for widebody aircraft, said Christian Scherer, the head of Airbus's commercial aircraft division.
Fighter jets
The Paris Air Show is also about showing off the latest military hardware, at a time of conflicts in Ukraine and the Middle East. European countries are boosting defense budgets in the face of the Ukraine war and fears about Trump's commitment to the NATO alliance. 'The geostrategic environment has led us to bolster this aspect which was in the background in previous years,' said Gifas head Frederic Parisot.
Some 75 companies related to weapons production will be participating at the show, with military jets, helicopters and drones to be displayed. Lockheed Martin's F-35 fifth-generation stealth multirole fighter will be featured, along with the Rafale produced by France's Dassault Aviation. Nine Zionist companies - fewer than in the past - are expected to have displays after a French court rejected a bid by NGOs to ban them over their alleged role in the Gaza conflict. — AFP
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Kuwait Times
2 hours ago
- Kuwait Times
Kuwait holds third day of emergency meetings as regional unrest escalates
Officials reassure public while keeping details of contingency plans under wraps KUWAIT: For the third day in a row, senior Kuwaiti officials have convened emergency meetings in response to the escalating conflict between Iran and the Zionist entity, assuring that essential services are secure and the country remains prepared for any scenario. On Saturday evening, HH the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah chaired a meeting of the Supreme Defense Council at Bayan Palace, where senior ministers and security officials reviewed the latest regional developments and discussed Kuwait's precautionary measures. 'The council reviewed key regional developments and received briefings from ministers and top state officials on the preparedness of relevant agencies and the precautionary steps taken to confront all possible scenarios,' the government said in an official statement. While officials have not disclosed details of the emergency plans, they emphasized that all government bodies are operating in coordination to ensure the continuity of services and the security of citizens and residents. 'All entities are working to secure basic services, ensure the availability of all necessary supplies, and facilitate the continuity of public services, with the goal of preserving security and stability in the country,' the statement added. Minister of Social Affairs Dr Amthal Al-Huwaila convens a meeting with undersecretaries to review the strategic stockpile of essential goods. The heightened state of alert follows a dramatic surge in regional tensions. On Friday, the Zionist entity launched an unprecedented series of airstrikes on Iranian territory, targeting nuclear, military and civilian infrastructure. According to Iranian officials, the strikes have so far killed 128, including senior Revolutionary Guard commanders and children. Iran and the Zionist entity have exchanged strikes since then, with Iranian attacks killing 13 people in the Zionist entity. The escalation has raised fears of a broader regional conflict that could impact Gulf nations, including Kuwait. In response, multiple Kuwaiti institutions have held emergency meetings to assess readiness. On Sunday, Minister of Social Affairs Dr Amthal Al-Huwailah convened a broad meeting with ministry undersecretaries to review the strategic stockpile of essential goods and assess the readiness of affiliated sectors. 'The meeting focused on institutional readiness in light of current and potential challenges, and ways to enhance proactive planning to support Kuwait's social safety net,' the ministry said. 'Strategic inventory levels and future planning mechanisms were reviewed to ensure continued stability and responsiveness.' The meeting follows a statement released by the minister on Sunday, in which she confirmed that the cooperative sector is closely monitoring the availability of goods in coordination with relevant government agencies. 'The strategic stockpile is stable and goods are available to meet consumers' needs without any obstacles,' she said. On the environmental front, Acting Director-General of the Environment Public Authority Nouf Behbehani confirmed that Kuwait is 'closely monitoring the environmental impacts of regional developments,' and that a comprehensive assessment is underway to detect and respond to any cross-border environmental risks. Her remarks come amid international concern after Zionist airstrikes targeted Iranian nuclear facilities. While no radiation leaks have been detected, global experts and agencies have warned of potential risks if the escalation continues. 'The authority is coordinating with relevant official bodies and remains committed to providing accurate environmental information and taking appropriate measures as needed,' Behbehani said. Similarly, the Public Authority for Agricultural Affairs and Fish Resources held an internal session to review its own contingency plans. Director-General Salem Al-Hai emphasized that all departments are 'fully prepared to deal with any emergency' and highlighted the authority's commitment to reinforcing national resilience in food security and agricultural services. Despite repeated official reassurances, the government has yet to publicly share the full scope of its emergency planning. However, the pace of back-to-back meetings and continuous public updates reflects a coordinated national effort to remain vigilant as the regional situation unfolds. — Agencies


Arab Times
4 hours ago
- Arab Times
Gulf Vision 2025 Conference to enhance strategic cooperation: French official
PARIS, France, June 16: France will host the Gulf Vision 2025 conference on June 17–18 in Paris under the patronage of French President Emmanuel Macron, aiming to deepen economic cooperation and forge long-term partnerships between Gulf Cooperation Council (GCC) countries — especially Kuwait — and France. In an interview with KUNA, Axel Baroux, Regional Managing Director for the Near and Middle East at Business France, emphasized that the upcoming conference will serve as a pivotal platform to promote strategic collaboration. The event will bring together ministers, investors, industry leaders, and innovators to foster partnerships in sectors such as energy transition, healthcare, artificial intelligence, sustainable agriculture, transportation, tourism, and education. Baroux highlighted the alignment between Kuwait Vision 2035 and France 2030, stressing that both countries are focused on sustainable innovation and economic diversification. He noted that Kuwait has played a significant role in previous editions of the conference, reflecting mutual interest in enhancing bilateral ties. The 2025 edition is expected to mark a turning point in Gulf–France economic relations. By facilitating direct engagement between French companies and Gulf decision-makers, the conference aims to move beyond dialogue to practical agreements and projects. France is currently the leading European investor and the eighth-largest global investor in Kuwait. More than half of the European companies operating in Kuwait are French, providing over 2,100 job opportunities, particularly in infrastructure, transportation, energy, and health. Baroux pointed to the growing cooperation in healthcare, education, green technology, and services, aligned with Kuwait's strategy to diversify its economy. He added that France's presence in Kuwait spans 89 companies across key sectors including luxury, cosmetics, food, and infrastructure. Business France, the conference organizer, works with approximately 2,000 French companies annually across the Gulf. It offers support in B2B matchmaking, market research, startup facilitation, and talent mobility. The agency also assists Kuwaiti firms looking to enter the French market by offering consulting, legal, and financial services, and access to government and research institutions. Calling on Kuwaiti investors and decision-makers to participate in Gulf Vision 2025, Baroux underscored the importance of turning conversations into concrete collaborations. Specific focus areas for Kuwait include health infrastructure, solar and renewable energy, water and waste management, AI, smart agriculture, and vocational training. The event will feature high-level sessions, including a "2030 Plans" ministerial roundtable and an 'Innovation for Sustainability' dialogue exploring resource management and future technologies. Baroux concluded by reiterating France's openness to long-term partnerships grounded in innovation, shared growth, and economic resilience. Business France, a leading government agency, is spearheading the initiative to bolster France's international economic outreach and attract foreign investment.


Arab Times
5 hours ago
- Arab Times
G7 summit opens in Canada with a focus on trade, wars — and not riling Trump
KANANASKIS, Alberta, June 16, (AP): When US President Donald Trump last came to Canada for a Group of Seven summit, the enduring image was of him seated with his arms folded defiantly as then-German Chancellor Angela Merkel stared daggers at him. If there is a shared mission at this year's G7 summit, which begins Monday in Canada's Rocky Mountains, it is a desire to minimize any fireworks at a moment of combustible tensions. The 2018 summit ended with Trump assailing his Canadian hosts on social media as he departed on Air Force One, saying he had instructed the US officials who remained in Quebec to oppose the G7 joint statement endorsed by the leaders of Japan, France, the United Kingdom, Italy, Germany and, of course, Canada. "I have instructed our US Reps not to endorse the Communique as we look at Tariffs on automobiles flooding the U.S. Market!' Trump posted on the site then known as Twitter. This time, Trump already has hit several dozen nations with severe tariffs that risk a global economic slowdown. There is little progress on settling the wars in Ukraine and Gaza and now a new and escalating conflict between Israel and Iran over Tehran's nuclear program. Add to all of that the problems of climate change, immigration, drug trafficking, new technologies such as artificial intelligence and China's continued manufacturing superiority and chokehold on key supply chains. Asked if he planned to announce any trade agreements at the G7 as he left the White House on Sunday, Trump said: "We have our trade deals. All we have to do is send a letter, 'This is what you're going to have to pay.' But I think we'll have a few, few new trade deals." At stake might be the survival of the G7 itself at a time when the Trump administration has sent mixed signals about whether the president will attend the November Group of 20 summit in South Africa. What Trump opposed at the 2018 summit in Quebec wasn't just tariffs, but a focus on having alliances with a shared set of standards seeking to shape policies. "The big dispute in Quebec were the references to the rules-based international order and that's where that famous photo comes from,' said Peter Boehm, Canada's counselor at the 2018 G7 summit in Quebec and a veteran of six G7 summits. "I think it gave everyone the idea that G7s were maybe not business as usual.' The German, UK, Japanese and Italian governments have each signaled a belief that a friendly relationship with Trump this year can reduce the likelihood of outbursts.