After several years of red-hot sales following the Great Recession, commercial-jet orders have slowed dramatically since 2015. So far, 2017 is shaping up to be the worst year since at least 2010 for aircraft orders.
However, the Paris Air Show, the largest air show of the year, is coming up next week. Historically, aircraft manufacturers have saved up lots of order announcements for this show. This year, it’s particularly urgent for Airbus (NASDAQOTH: EADSY) and Embraer (NYSE: ERJ) to bring in some significant orders.