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The biennial Paris Air Show is one of the biggest events on this year’s calendar of aviation events.

The Paris show, which alternates each year with a sister show in Farnborough near London, is one of the largest aviation and defense industry events on the planet. The event is a must for aircraft-makers and other industry firms wishing to show off their latest planes and products.

Fittingly for such an event, the Paris Air Show also serves as a stage for major industry news announcements. Boeing and Airbus, the world’s two biggest jetmakers, routinely take advantage of the show’s stage to trumpet blockbuster orders for new plans. Smaller makers also use the event to try to promote awareness for their models.

Scroll down to see highlights of the latest news coming out of the Paris Air Show on Tuesday.

MONDAY’S NEWSParis Air Show day 1: A bigger 737, huge Airbus order and the president

And the world’s new No.1 airline for 2017 is …

Qatar Airways was tabbed as the world’s best airline in 2017, according to the annual World Airline Awards published by Skytrax.

Qatar’s title continues a back-and-forth battle for No. 1 between it and Gulf rival Emirates, also known for its high-end service and luxurious premium cabins. Emirates finished atop Skytrax’s World Airline Awards last year, when it took the top spot back from Qatar Airways.

This year, Emirates dropped to No. 4, placing behind No. 2 Singapore Airlines and No. 3 All Nippon Airways (ANA). Cathay Pacific rounded out the top five of the ratings, which were announced Tuesday on the sidelines of the biennial Paris Air Show.

Full story (news round-up continues below)

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Boeing projects demand for planes to soar for 20 years

USA TODAY — Boeing projected Tuesday the demand for commercial airliners will continue to grow during the next 20 years, particularly in Asia, with a need for 41,030 planes…