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"Farnborough Airshow": orders exceed USD 28 bn at the end of third day

Farnborough, UK - At "Le Bourget 2009" collected orders for approximately 7 billions


(WAPA) - Aircraft manufacturers collect orders worth over than 28 billion USD at the "Farnborough International Airshow" at the end of the third day of the event.

Orders this year are far from the record of 88.7 billion dollars worth of contracted at "Farnborough" in 2008, but the collection has already passed orders for commercial aircraft registered during the twin-show at "Le Bourget" in 2009, which were approximately $ 7 bn.

At Farnborough there are more than 1,350 exhibitors from 52 countries with delegations from Egypt, Taiwan and Morocco, participating for the first time. Strong interest by major players from China and Russia.

The International Air Transport Association (IATA) predicted the global industry will record profits to 2.5 billion dollars, this year. It is not an amount that producers would have dreamt, but if compared with the much larger loss of 9.4 billion US dollars in 2009 - as they say here in Italy - between having and not having them, it makes a difference of almost 13 billion, going over the thin red line of passivities. Ultimately, the number of orders shows the economic recovery is on track.

Among the recent agreements announced yesterday, are those for Airbus by Berlin-based company Germania, as well by Indonesia national carrier Garuda, and Qatar Airlines has entered into an agreement with Boeing to accelerate deliveries of the 787 jetliner. Growing demand for air travel in the Middle East, said Akbar Al Baker, CEO of the Middle Eastern carrier, "And now is clear the demand on an international basis is having a revival, and - at the same time - the world economy is showing clear signs of recovery: commercial business travel is so dependent on innovation that there will always be opportunities".

A balance sheet that seems to highlight the - so far - ventilated resumption of commercial aviation. And although the defense industry cuts continue holding it in a phase of stagnation, the same figure shows a support in this market segment. (Avionews)

(World Aeronautical Press Agency - )
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