Are Farnborough sales on the rise after a 47% drop in 2010?

THE FARNBOROUGH BLOG, 9 July 2012. Sales at the Farnborough airshow are picking up with Boeing seeing orders for over a hundred aircraft. In a supposed down economy, these orders, which total to more than $9 billion at list price, are unusually bright. The success isn't limited to Boeing either, with Bombardier securing more than $1 billion worth of sales, along with Airbus and Embraer picking up sales as well.

With the defense budget on the decline it's important for these companies to pick up sales in the commercial sector, and they're doing just that. As John Keller mentioned in his blog on the industry's enthusiasm in spite of clear trouble, Boeing in particular has prepared itself for the worst with layoffs planned for next year. With strong day one sales, the optimism the industry has been touting just may be more than wishful thinking.

Sales at Farnborough on day 1 have already reached more than $11 billion. The last Farnborough airshow, in 2010, saw a total of 835 commercial aircraft sold with a value of $47 billion total in sales. The Farnborough airshow before that, in 2008, saw a total value of $88.7 billion in sales. If sales pick up over the course of the show this Farnborough might be more successful than the 2010 show.

Will this year's air show continue the decline of the 2010 show, or will there be larger deals signed that push numbers back towards 2008's record sales? Be sure to check back as we continue our coverage of the Farnborough airshow!

 

 

 

 


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account.


The Innovation That Matters™ Quiz

Innovation is one of the key drivers in the Defense industry. View this short video of Leon Woo, VP of Engineering at Mercury Systems, on the role of innovation. Then, answer 3 simple questions correctly to be entered into a drawing to win an Eddie Bauer fleece jacket!

CONGRATULATIONS TO OUR TWO MOST RECENT WINNERS. "Nick from SPARWAR" and "Bridget from AOC."


Military & Aerospace Photos

Wire News provided by   

Most Popular Articles

Webcasts

Meeting the Gen3 backplane challenge with OpenVPX and COTS

Tight Pentagon budgets mean military systems must stay in the field for longer than ever before. This doesn't mean obsolete technology, however. Today's military electronics are being upgraded constantly, an...
Sponsored by:

Digital signal processing for signals intelligence and electronic warfare

Military & Aerospace Electronics presents an expert Webcast on the design considerations for blending general-purposes processors (GPUs), general-purpose graphics processors (GPGPUs), field-programmable ...
Sponsored by:

Advantages of Intel Architecture Products and Wind River Solutions in Military & Aerospace Applications

This webinar explains the individual advantages of the Intel Architecture hardware, available for long-life supply, and the WRS software portfolio.  There are extraordinary advantages of combining such ...
Sponsored by:

social activity

All Access Sponsors


Mil & Aero Magazine

February 2014
Volume 25, Issue 2
file

Download Our Apps



iPhone

iPad

Android

Follow Us On...



Newsletters

Military & Aerospace Electronics

Weekly newsletter covering technical content, breaking news and product information
SUBSCRIBE

Defense Executive

Monthly newsletter covering business news and strategic insights for executive managers
SUBSCRIBE

Embedded Computing Report

Monthly newsletter covering news on embedded computing in aerospace, defense and industrial-rugged applications
SUBSCRIBE

Unmanned Vehicles

Monthly newsletter covering news updates for designers of unmanned vehicles
SUBSCRIBE