July 18, 2022 - The Farnborough International Airshow will focus on the battle between Airbus and Boeing for orders as the aviation industry combats rising inflation and supply chain challenges
The United Kingdom’s Farnborough International Airshow (FIA), held this year from July 18-22, is one of the world’s top aerospace and defence events. It is the first time the FIA has opened its doors since 2018.
The industry is “cautiously optimistic,” said Kevin Craven, chief executive of ADS, the air show organisers, despite global pressures from rising costs and supply chain constraints.
Regarding visitor and exhibitor numbers, Craven predicts the show will be “fractionally ahead” of 2018 when orders and commitments announced at the event topped $192 billion. This year, organisers expect trade visitors to exceed 80,000 and around 1,500 exhibitors to attend the show, as airlines start spending again. However, this year Russian participation has been banned. Still, the Kremlin’s invasion of Ukraine has led to pledges by western governments to increase defence spending.
Airbus and Boeing are both expected to win hundreds of new orders. However, analysts are not expecting this year’s combined haul to reach the 897 orders of 2018, worth $119 billion at list prices.
Airbus will display its A350-900, of which 422 have so far been delivered to more than 40 customers. A further 323 remain on order, with other deals expected to be announced during the show.
Boeing will be showing off its latest 777-9 airliner -- the latest development of the series of long-range, wide-body, twin-engine jetliners.
Boeing and Delta Air Lines could ink a deal for 130 of its 737 Max jets, while last month, Airbus clinched a $37bn order with Chinese airlines for close to 200 of its single-aisle A321neo jets.