Paris Air Show: Big plane builders face increasing competition
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In this special edition of People & Profit, we're at the Paris Air Show to take a closer look at the aviation industry. Aerospace giants are under pressure to stay competitive in a crowded market. FRANCE 24's Stephen Carroll speaks to Boeing International President Marc Allen about their corporate strategy.
Also, Kate Moody show us how to travel in style. Airlines are investing in luxury seats to attract the world's wealthy. Business and first-class tickets can cost up to ten times more than economy seats - but be worth as much as 75 percent of the profit on a given flight.
And we meet CFM International CEO Gaël Méheust, who sees increasing demand for his company's engines. He tells us how to stay on top of a backlog.