Airshow announces $192B in deals in UK

23 Jul 2018  2050 | World Travel News

Content image - Phnom Penh Post
Visitors rest in deckchairs near an Airbus A380 passenger aircraft, operated by HiFly, at the Farnborough Airshow, south west of London, on Thursday. Adrian DENNIS/afp

England’s Farnborough airshow this week saw deals worth $192 billion (€164 billion), a jump of more than 50 percent compared to 2016, in a sign of “confidence in global trade”, organisers said Saturday.

The biannual air industry gathering recorded more than 1,400 commercial aircraft orders, valued at $154 billion, alongside at least 1,432 deals for engines worth $21.96 billion.

The total is an increase of $67.5 billion on the last airshow two years ago, with the mile-high rivalry between Boeing and Airbus – who made the majority of plane orders – swelling sales.

US aviation giant Boeing announced 676 orders, totalling $92 billion at list prices, as of Thursday, while its European competitor had unveiled 431 orders worth $70 billion.

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