The 2003 Paris Air Show, held June 15 to 22, opened against a backdrop of bitter transatlantic political disputes over France’s opposition to the U.S.-led Iraq War and the future of the Middle East. It ended with carriers from that region providing the whole aerospace industry with a welcome financial shot in the arm by placing multi-billion-dollar orders for new airliners.
IATA director general Giovanni Bisignani lambasted European governments for their alleged greediness for environmentally inefficient taxes here yesterday.
For the third day running, Airbus and Boeing defied pessimistic predictions of softening demand for airliners with new contracts collectively worth almost $6 billion.
Airbus Freighter Conversion (AFC), the joint venture established in March 2007 by EADS EFW, Airbus, United Aircraft Corporation and Irkut, yesterday signed a firm contract to convert 30 Airbus A320s and A321s into freighters for Netherlands-based lessor AerCap.
The first GP7200-powered Airbus A380 will enter service with Emirates on August 1 on a flight from Dubai to New York City. The milestone will mark the first engine Alliance-powered aircraft to enter service since General Electric and Pratt & Whitney formed a partnership in 1996 to design and manufacture the engine for the A380. The powerplant is derived from the GE90 and the PW4000.
This year’s show benefits from recent improvements to infrastructure and facilities as organizer Farnborough International continues a 60-year evolution of development begun by the Society of British Aerospace Companies (SBAC). One of the first examples was a re-landscaping of the exhibition site in 1980 to accommodate continuing growth.
HCL Technologies, a $4.9 billion company that in three decades has grown from a garage-based start-up (Hindustan Computing) into India’s fifth largest IT company, has been selected by EADS as a tier One partner to support the activities
Airlines from fast-growing new markets in the Middle East and Russia once again boosted dwindling aircraft sales yesterday here. Airbus cashed in to the tune of up to $4.5 billion with four contracts calling for up to 56 new jets.
Gulf carrier Qatar Airways kicked off the near frenzy of transactions with a memorandum of understanding covering the purchase of four A321s, plus options on a further two.
Further delay to the Airbus A400M military transport now seems inevitable. “There’s an obvious risk of slippage,” Carlos Suarez, head of EADS Military Transport Aircraft (MTA), said here at Farnborough. The first A400M ceremonially rolled out from the brand-new final assembly line building at Seville, Spain, on June 26.
International Aero Engines has logged orders for $1.4 billion worth of V2500 engines at Farnborough. With more than 5,000 powerplants in service or on order, the company’s long-term future would seem to look secure.