Airbus struck a deal with budget airline VietJet for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes for a return to tariff-free trade were given a boost by U.S. Transport Secretary Sean Duffy.

Boeing's CEO pulled out of the Paris Air Show following the Air India crash, which has set a somber mood for the aviation and defense event at Le Bourget.

The companies said they had signed a memorandum of understanding for VietJet to buy 100 more A321neo planes, with the option to add up to a further 50 to the deal in future. The agreement confirmed an earlier Reuters story. A deal for 150 A321neos could be worth around $9.4 billion, according to estimated prices provided by Cirium Ascend.

Airbus dominated the first day of the biennial Paris Air Show, unveiling close to $10bn of orders after its rival Boeing cut back its activities following last week’s fatal Air India crash .

PARIS: Airbus has signed a memorandum of understanding with VietJet for 100 of its A321neo planes, with a potential to add 50 more to the deal, industry sources said at the Paris Airshow on Tuesday (J

Airbus bagged multibillion-dollar plane orders from Saudi Arabia and Poland on the opening day of the Paris Airshow clouded by a separate diplomatic dispute over France's decision to shut down some Israeli stands for displaying deadly weapons.

Airbus SE has urged the aviation industry to enhance its safety culture following a tragic Air India crash involving a Boeing 787, underscoring the incident as a critical wake-up call rather than a competitive advantage.

Airbus SE predicted the global commercial aircraft fleet will double in size to almost 50,000 planes over the next 20 years, spurred by rapid growth in markets like India, where a rising middle class increasingly takes to air travel.

Airbus struck a deal with budget airline VietJet for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes of a return to tariff-free trade were given a boost by U.S. Transport Secretary Sean Duffy.

Air India, in its current form, has maintained a more balanced fleet, having taken delivery of 122 Boeing aircraft and 114 Airbus planes between 2006 and 2025