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Julian Bray provides: Opinion, comment, forward thinking speculation on Travel, Cruise & Aviation: conflict zones, terrorist impact, drone (UAV) issues, safety (black boxes, emergencies), airline operations, aviation finance, political implications, and all forms of incident risk. Worked at board level with several airline and aviation groups, including Alitalia, British Island Airways, British Airways, Galileo , British Aerospace, Skyways, former CEO City firm Leadenhall Assoc. Founder CNS City News Service. Director NTN Television News (joint co. with ITV Wales TWW) Debretts People 2017 and in launch edition of PRWeek Black Book.

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Saturday, 16 July 2016

FARNBOROUGH INTERNATIONAL AIRSHOW EXCEEDS INDUSTRY EXPECTATIONS SETTING NEW RECORD WITH OVER US$100 BILLION IN ORDERS AND DEALS DONE




Farnborough, UK,  Saturday: At the close of the Farnborough International 5-day trade air show and the opening of the public air show weekend, organisers confirmed the total of recorded orders and options exceeded US$123.9 billion substantially well above industry expectations.

Farnborough International’s internal order tracker recorded a total of 856 aircraft valued at US$93.98, 1407 engines valued at US$22.7 billion and a variety of other business deals totalling £7.2 billion.

As the trade part of Farnborough week drew to a close, the Farnborough International Airshow welcomed over 6000 young people for its STEM outreach programme Futures Day.

Star of the show was UK astronaut Tim Peake in his first public appearance, since returning from the International Space Station just four weeks ago.
 


The global aerospace trade event was opened by (little did he then know, soon to be gone) Prime Minister, David Cameron MP and Virgin Atlantic boss Richard Branson (not gone) who welcomed senior aerospace executives, military officials and international government representatives. 

A fly past by the F-35 Joint Strike Fighter flanked by the RAF Red Arrows signalled the show was well and truly on..

Notable deals during the week included Virgin Atlantic purchase/lease for 12 Airbus A350-1000s and the UK Government confirming the acquisition of 50 Apache Helicopters and 9 Boeing P-8 Poseidon aircraft. 


A significant order was from AirAsia who signed up for ONE HUNDRED  Airbus A380neos.  The levels of business concluded outstrips anything the Paris air show has produced, so far...
                  
Adverse freak weather of 'biblical' proportions,  power cuts and flooding drew business to a close early and site evacuation on Monday, but a 'herculean' truly impressive overnight effort to pump out and remove all signs of the damage was completed.   The temporary exhibition halls remained busy throughout the week. Visitor numbers from Monday to Thursday have averaged 20,000 per day and a high level of networking and engagement with a host of briefings, seminars and company presentations taking place.

Speaking at the close of trade week, Farnborough International Chief Executive, Shaun Ormrod said: “The extreme [violent] weather [on Monday] bought us some additional challenges [classic understatement] this week, but it doesn’t seem to have stopped our exhibitors and visitors doing business.


The halls have been busy all week, which is really encouraging for the supply chain industry. With these orders adding to the already large backlog, its looks like the aerospace industry is going to be busy for some years to come.”

Commercial Director, Amanda Stainer added: “It’s been a really successful show for our exhibitors. Our marketing suite has been busy and we have already taken a considerable number of re-bookings for the 2018 show.


The Meet-the-Buyer programme arranged over 1,700 meetings; as has the military delegations, civil and commercial delegations programme which attracted  representation from over 60 countries. 


The air show continues over the weekend throwing its doors open to the public, for two more days of aerial and ground displays.






JULIAN BRAY +44(0)1733 345581 Aerospace & Incident Management Expert, Journalist & Broadcaster, Aviation Security & Airline Operations, Travel / Maritime & Cruise Industry, NUJ, EQUITY, LIVE ISDN LINK, Broadcast ISDN COOBE ++44 (0)1733 345020 e&oe Old faithful NOKIA: 07944 217476 www.aviationcomment.com
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