Boeing Dreamliner crash, military escalations darken mood at Paris Air Show

Core Points - Boeing's CEO Kelly Ortberg's first Paris Air Show was expected to be positive, highlighting the company's recovery from past manufacturing and safety issues [2] - Under Ortberg's leadership, Boeing has increased production of the 737 Max jets and improved cash-generating deliveries, with shares rising over 13% this year, outperforming the S&P 500 [2] - Following a tragic crash of a Boeing 787-8 Dreamliner operated by Air India, which resulted in the loss of 241 lives, Ortberg canceled his attendance at the air show to focus on the investigation and support his team [3][5][6] Company Developments - The Paris Air Show is a significant event for the aerospace industry, featuring major companies like Boeing and Airbus showcasing their latest aircraft and signing deals [4] - The crash of Air India Flight 171, which occurred shortly after takeoff, raises concerns about the safety of Boeing's Dreamliner model, with investigations expected to take weeks or months to determine the cause [6][7]