Booming order backlogs presage a banner year for the Paris air show. But several high-profile topics--Airbus's restructuring plan, the dollar-euro exchange rate and Boeing's newest aircraft--reach well beyond the biennial aerospace showcase. Le Bourget usually is the main event in the "odd-year" aerospace calendar, but this year it will take somewhat second billing to milestones such as the rollout and first flight of the Boeing 787--slated for a few weeks after the June 18-24 air ...

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