Farnborough airshow records orders worth $192bn
July 21 2018 06:16 PM
Airbus A380
An Airbus A380 aircraft, operated by HiFly, is pictured at the Farnborough Airshow earlier this week.

AFP/London

England's Farnborough airshow this week saw deals worth $192bn, a jump of more than 50% compared to 2016, in a sign of "confidence in global trade", organisers said on Saturday.
The biannual air industry gathering recorded more than 1,400 commercial aircraft orders, valued at $154bn, alongside at least 1,432 deals for engines worth $21.96bn.
The total is an increase of $67.5bn 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 $92bn at list prices, as of Thursday, while its European competitor had unveiled 431 orders worth $70bn.
"The major deals announced this week demonstrate how confident the aerospace industry is and the role of Farnborough as an economic barometer," said Farnborough International chief executive Gareth Rogers.
The show attracted its most global attendance ever with around 100 countries represented and a record Chinese presence, Farnborough said in a statement.
There was also a near-10% rise in trade visitors compared to previous years, with more than 80,000 visitors passing through the gates, it added. 



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