Aircraft orders fly out the door at Farnborough

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The organisers of Farnborough International Airshow have confirmed that orders for 758 aircraft were placed during the event’s trade week, totaling US$72 billion. The figures represent a 53 per cent increase on the 2010 show and close to the 2008 figure when sales peaked at US$88billion. To add further weight to the show’s success, 20 per cent of exhibitors have rebooked for the 2014 show.

Over the five days of the show, the event attracted just over 107,000 trade visitors and over 1,500 exhibitors. Over 70 military delegations from 46 countries attended with a further 13 delegations from the civil sector.  This event saw good engagement from decision-makers with the Prime Minister opening the show, a further six Cabinet members making keynote speeches, as well as senior ministers visiting from the UK and overseas.

Ian Godden, chairman, Farnborough International Ltd, said: “I cannot believe the number of new initiatives we have been able to deliver for our customers – my favourites are Futures Day and the Innovation Zone. In 2008 we only had 500 young people coming in our planned programme for teachers and pupils. In 2010 the number rose to 2,500. In 2012 we have reached the heady heights of 7,500 and hope to at least double that for 2014.”