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More narrowbody and regional aircraft orders at Farnborough: Special CAPA Webpage Launched

Analysis

The avalanche of narrowbody and regional aircraft orders continued on the second day of the Farnborough Air Show. Firm orders and contracts (MoUs and LoIs) for nearly 220 aircraft have been signed, with options and purchase rights potentially stretching this to beyond 390 aircraft. Boeing commented that it is witnessing a release of the "pent-up demand" that had built up during the last two years of recession. Engine ordering has also been strong, with more than USD12.5 billion in engine orders and MRO agreements announced over the first two days of the air show.

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