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Farnborough 2008: $ 28.5bn Orders

Farnborough 2008: $ 28.5bn Orders

Orders worth $ 28.5bn for some 180 aircraft have been announced on the first two business days of Farnborough Air Show 2008. The exhibition has attracted over 1,500 exhibitors, a 5% increase compared to 2006, with representation from 39 countries and 29 international and regional pavilions.

Major orders were placed by five Middle East airlines: Etihad, FlyDubai and Saudi Arabian Airlines, Qatar Airways and Tunisair.

Trevor Sidebottom, Managing Director of Farnborough International Ltd, said: “The airline industry continues to be hit by a combination of slowing economies and high fuel prices, which in turn have led to worries that aircraft manufacturers might cancel orders. On the evidence of the first two days at Farnborough, it is clear that both manufacturers and airline carriers are in fact expanding their fleets and routes to satisfy growing demand for air travel. We are delighted that Farnborough has been chosen for the announcement of these significant orders.”

/ Новости