Aviation Orders Slump
In normal times, the Paris Air Show is a dealfest par excellence. These are not normal times. With global aviation in a nosedive, Boeing (BA) as of June 17 had picked up only two new orders at the show, while Airbus logged 57. And cash-strapped airlines have cancelled dozens of earlier orders, leaving Airbus with a net tally of fewer than 70 since January—and Boeing with fewer than 10. One break in the bad weather for Boeing: Its much delayed 787 Dreamliner is set to make its first test flight this month.