Record orders continue at Farnborough Airshow


Orders at the Farnborough Airshow have skyrocketed with Airbus (OTCPK:EADSY) and Boeing (NYSE:BA) announcing close to $100B of new plane deals.

Among the large orders for today is Qatar Airways' $19B purchase of 50 Boeing 777-9 X planes - with an included option for an additional 50 jets.

Aircraft leasing firms have also been making large-scale orders due to future growth predictions for the emerging markets in the Middle East and Asia.

Airbus is still leading Boeing with approximately $60B in orders and commitments, mostly due to its announcement of the all new A330neo.

BA +0.5% premarket

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Comments (2)
  • WingWise
    , contributor
    Comments (5) | Send Message
     
    "All new A330neo"??? This is a 20-year old airplane with a new engine.
    16 Jul 2014, 11:09 AM Reply Like
  • thomas85225
    , contributor
    Comments (552) | Send Message
     
    Boeing is still trying to date the 747-8 that was design in 1961 that was 53 years ago

     

    FARNBOROUGH: Landing gear tweak key to 747-8 future in passenger market
    As of mid-June, Boeing had 51 747-8 aircraft in the order backlog. The company is building 18 freighters and passenger airliners a year combined. That means the assembly in Everett, Washington, is exhausted by early 2017, unless Boeing’s sales team can find new orders.
    “We need to sell a few more,” says Pat Shanahan, Boeing senior vice-president and general manager of airplane program.
    By: STEPHEN TRIMBLESEATTLE Source: 08:47 30 Jun 2014

     

    The struggling Boeing 747-8 | Leeham News and Comment
    leehamnews.com/2014/06...

     

    In the process, in the same report, he said the 747-8 can't match the Airbus A380 economics. ....-landing-gear-twea... ....

     

    The Boeing product line is outdated the 747 was design in 1961, 737 was design in 1966 base on the 707 of 1958, 737NG was design in 1997, 757 and 767 where design in 1972, 777-200 was design 1989, 777-X in 2013, 787-8 design in 2003,

     

    What does Boeing need with 747-8 P & F, 767 P&F -200,-300,-400, 777-P&F 200,-300, -8X, -9X , 787-8, -9 P & F , -10 all in the same over sea market and only the 737 in the domestic market

     

    Boeing factories are outdated and need to modernize Everett was build in 1966 and Renton was build in 1938
    16 Jul 2014, 03:45 PM Reply Like
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