FIA2018: $51.5bn in deals and figure keeps on rising

FINN News Team

  • Posted: 18/07/2018

FIA2018: Day two sees $51.5bn in deals - and figure keeps on rising

More than 530 aircraft ordered on day two of show - deals up $23bn on 2016 figures

FIA2018: $51.5bn in deals and figure keeps on rising

Day two of the Farnborough International Airshow 2018 saw a further $51.4bn in deals with more than 530 aircraft ordered.

Tuesday's deals bring the total value of aircraft ordered at the Airshow so far to $95.5bn. With Monday's engine and engine service agreements, this brings the total amount of business done by the close of Tuesday to more than $98bn. The figure represents a $23bn increase on the first two days of the 2016 Farnborough International Airshow.

The future starts at Farnborough

Amanda Stainer, Farnborough International Commercial Director said: "I am delighted that the global aerospace industry use the Farnborough International Airshow as the preeminent platform for doing business and signing major deals."

"The future starts at Farnborough; our exhibition halls are full of innovation that will shape how we fly, enabling us to go further, faster and with less environmental impact."

The show has had strong political attendance, following on from the official opening by Prime Minister Theresa May, Nicky Morgan MP, Chair of the Treasury Select Committee opened a FINN Conference Session yesterday.

Speaking about the Government's Brexit White Paper, Ms Morgan said: "[The White Paper] will require compromises and trade-offs but it is a step in the right direction."

Ms Morgan also referenced the changes of balancing politics with the business agenda, and made the point that all negotiations "go up to the wire."

FINN News Team

  • Posted: 18/07/2018

Join The Discussion