The Paris Air Show reopened this year after a four-year hiatus following the COVID-19 pandemic. It welcomed more than 300,000 visitors eager for industry insights around the applications of AI, overcoming supply-chain difficulties, delivering on sustainable-aviation objectives, and what the future of air mobility could look like.
McKinsey hosted a range of aerospace innovation sessions at this year’s event, covering topics such as the disruptive power of AI and advanced machine learning, and how to drive sustainability along every aspect of the value chain, from engineering to aftermarket services.
Expert panelists from aerospace and machine-learning companies such as Boeing, PhysicsX, and Cohere discussed how the latest developments in AI were proving to be fast-paced disruptors—but were also providing fresh opportunities to create value. Over the next ten years, they said, more than $50 billion could be at stake in sustainable aviation ventures.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.
