Monday, July 18, 2016

Farnborough Airshow: satisfaction for Boeing and Airbus – Journal of Economics


There are two years, the edition of the show had been a record in terms of orders and purchasing commitments: $ 204 billion in all. The amount will not be exceeded this year, but the analysts expected, and the main manufacturers of the sector. However, with nearly $ 124 billion in all, this edition 2016 Farnborough did not disappoint.

That amount exceeds even the expectations of the organizers, they rejoiced at the close of business days. This is Airbus that has received the most orders with 35 sales of $ 279 billion for equipment. Boeing follows with eu harvest 26.8 billion for 182 aircraft. In all, there are 856 devices that were ordered during the show for an amount of nearly $ 94 billion. Customers also bought $ 22.7 billion of engines; $ 7.2 billion was generated by various agreements.

Hard to be choosy before such a balance. This especially as Boeing and Airbus have been optimistic for the market over a period of twenty years: for aircraft manufacturers, growth will not stop there way. Prospects are good in the low cost in Asia and emerging countries.

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