IBA Forecasts Thousands of Aircraft Orders at Paris Airshow | Aviation International News

Paris Air Show 2023

IBA Forecasts Thousands of Aircraft Orders at Paris Airshow

At least 961 orders from three airlines have already been announced this year, and orders at the Paris Airshow could add significantly to that number.

IBA's predictions for Paris Airshow 2023

By Peter Shaw-Smith • Contributor - Middle East

June 19, 2023

UK-based consultancy IBA predicts orders for between 2,100 and 3,000 aircraft at the Paris Airshow this year.

“Over the past few weeks, we have been focusing heavily on supply chain, order rumors, regional growth, ESG, rising costs, failures pointing the blame at reliability, and strengthening airline results,” said Stuart Hatcher, chief economist at IBA. However, the uncertainty created by “unfeasibly long backlogs and lead times” made it difficult for airlines to place orders if they did not know what their competitors were doing, he said.

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