18 July 2008

Day 5 and Farnborough Recap

Best Video…. The Amazing F22 demo on Monday. I really wanted to go but had family obligations.
http://www.aviationweek.com/aw/awhome.jsp
And then look for the F22 Video on the home page.

Recaps of the week.

Boeing has booked firm orders for 197 aircraft worth USD23.1 billion at list prices in the first four days of the Farnborough Airshow. Airbus confirmed it has booked firm orders including 256 orders (247 firm and nine commitments) valued at USD38.7 billion at list prices during the first four days of the Farnborough Airshow.
The mega orders by Etihad and FlyDubai means that there is plenty of good news to go around. But there was a steady stream of orders from others as well.
Launch orders for the C-Series, Non-Russian orders for the Sukhoi Superjet 100s and the emergency of the Chinese and Japanese aviation manufacturers are all part of a signaling of the changing of the guard. The non-US, Non Europe Aviation trends were quite stunning. Russia. China and the Middle East clearly are in the ascendancy.

For the dive into the trends – as the chalets are packed up and put away for another 2 years we can reflect that the air transport raw material business is doing nicely thank you but still the operators just cannot seem to make a go of it. The economic health of the user community should be a big cause for alarm. Clearly Boeing and Airbus are thinking that that is not their problem – but perhaps it should be something that they take a more active role in.

Enjoy!

Cheers

Timothy

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