Planemakers to kickstart Farnborough jetliner order battle

19 Julio, 2018, 07:50 | Author: Arnold Perez
  • Britain's Prime Minister Theresa May appears on the BBC's Andrew Marr Show in London

The deal is valued at $1.7 billion at list prices and was announced as a commitment in April, according to Boeing.

Airbus saw an A350 order from Taiwanese startup Starlux airlines.

The airshow, the second biggest in the world, runs to Sunday.

But he declined to be drawn into commenting on USA trade policy, saying: "We are going to focus on what we can control".

European jetmaker Airbus and USA rival Boeing have been enjoying an nearly decade-long boom thanks to rising emerging markets growth and a need among Western airlines to upgrade their fleets, and order books are bulging.

Every other July, the town of Farnborough, England holds court and the aviation world convenes for the air show that shares its name.

Airbus could secure an order for a new A350 customer in Taiwan and Boeing will be looking to reinvigorate 777X sales. Aerospace is the biggest trade-surplus generator in the US and provides key manufacturing jobs, while China relies on foreign aircraft to help fuel economic growth, Muilenburg said.

Airbus and Boeing are undergoing an unprecedented order boom for single-aisle aircraft driven by fuel-saving planes and growth in air travel, especially in Asia.

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"Farnborough is the first such event since Airbus and Boeing shook up the industry by agreeing to absorb key commercial programmes of smaller rivals Canada's Bombardier and Brazil's Embraer as they prepare for future competition from China".

On the civilian side, the air show is expected to confirm demand for narrowbody jets from airlines such as Mexico's VivaAerobus, which is shopping for some 40 Airbuses, and lessors like Goshawk, which ordered 20 A320neo jets on Monday but is also expected to be interested in 737 MAX. Boeing Co. (NYSE: BA) is apparently not ready to commit on a new aircraft, referred to variously as the new mid-market airplane (NMA) or the 797.

"We are proud that Qatar Airways recognizes the value of the 777 Freighter and continues to invest in this aircraft to serve its expanding freight operations", said Boeing Commercial Airplanes President & CEO Kevin McAllister. Chinese companies, including the China Development Bank Financial Leasing Co. and China Aircraft Leasing Group, ordered 120 Boeing planes previous year.

InterConnect makes high-end cables for big aircraft makers including Bell Helicopter, BAE Systems and Airbus and believes his customers will keep coming back because the company offers the best service possible.

"This will be the most worldwide show in our history and is the best place for United Kingdom and overseas businesses to showcase new capability to the global business, political and military leaders we will welcome through our doors this week".

Global air freight demand grew by almost ten percent past year with demand growth outpacing capacity growth by a factor of three.

Boeing trimmed its forecast for the regional jet fleet to 2,320 deliveries. Analysts expect Boeing and Airbus to use their scale to heap pressure on suppliers to lower costs, which could trigger consolidation.



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