The 5-day trade component of last week’s
Farnborough International Airshow recorded orders and options to
the value of US$123.9 billion, defying industry expectations.
Farnborough International’s internal order tracker recorded a
total of 856 aircraft valued at US$93.98, 1407 engines valued at
US$22.7 billion and a variety of other business deals totalling
As the trade day drew to a close, the
Farnborough International Airshow welcomed over 6,000 young people
to the show for its STEM outreach programme Futures Day. Star of
the show was
Tim Peake who opened proceedings in his first public
appearance since returning from the ISS four weeks ago.
Starting proceedings on a high, the global aerospace trade event
was opened by former Prime Minister David Cameron, MP and Virgin
Atlantic boss Sir Richard Branson who welcomed senior aerospace
executives, military officials and international government
representatives at the official opening ceremony with a fly past
by the F-35 Joint Strike Fighter flanked by the Red Arrows.
Notable deals over the week included
Virgin Atlantic concluding its purchase for 12 Airbus A350-1000s and the UK
Government confirming the purchase of 50 Apache Helicopters and 9
Boeing P-8 Poseidon aircraft. Topping the order chart was
who signed up for 100 Airbus A380neos and
200 CFM LEAP-1A Engines.
weather drew business to a close early on Monday, the halls
remained busy throughout the week and visitor numbers from Monday to
Thursday averaged 20,000 per day.
at the close week, Farnborough International Chief Executive,
Shaun Ormrod said, “The extreme weather bought us some additional
challenges this week, but it doesn’t seem to have stopped our
exhibitors and visitors doing business. The halls have been busy
all week, which is really encouraging for the supply chain
industry. With these orders adding to the already large backlog,
its looks like the aerospace industry is going to be busy for some
years to come.”
The next Farnborough International Airshow is
scheduled to take place 16-22 July 2018.
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