FARNBOROUGH: Britain sought to project an image of aerospace prowess long after its departure from the European Union at the Farnborough Air Show on Monday, July 16, as Airbus and Boeing announced a series of transactions and displayed optimistic prospects for the global industry.
Chinese airline Sichuan Airlines announced that it would buy 10 A350 long-haul aircraft at a price of $ 2.8 billion, while the Indian Vistara signed a letter of intent for the purchase of 13 A320neo single aisle aircraft.
] Starlux Airlines of Taiwan, which is developing a network across Asia and North America, has announced that it has signed a memorandum of understanding for the purchase of 17 Airbus aircraft – 12 A350-1000 and five A350-900s.
Farnborough, southwest of London, would add more than $ 17 billion US to the list price for aircraft if all orders were confirmed and before the large discounts traditionally given to buyers.
The American rival of Airbus, Boeing has lso announced a series of impressive deals including 14,777 to DHL for 4.7 billion US dollars, 30,737 Max for Jackson Square Aviation for $ 3.5 billion US
"We continue to see the aerospace market grow very strongly," Dennis Muilenberg said on the eve of the Farnborough show, echoing similar comments by Airbus.
NO WARNINGS
But Farnborough is set in the shadow of a trade war between China and the United States as well as the frozen negotiations of exit from the European Union.
Airbus, which employs some 15,000 people in Britain, warned that it would reconsider investments in Britain when it was pulling out of the European Union next year.
Airbus Chief Executive Tom Enders said last month that the government had "no idea" of his Brexit plans.
After Prime Minister Theresa May unveiled more conciliatory proposals last week. Enders, however, said the government is now moving in the right direction.
In a tweet, he urged EU negotiators in Brussels and other European countries to be "equally pragmatic and equitable".
The organizers also warned that planes could stop flying if May failed to reach a Brexit deal with Brussels
"Our worst case scenario is truly – and this is not an alarmist or alarmist – that the plane does not fly, said Farnborough International President Paul Everitt, who is also at the head of the ADS.
the European Union and forge a new future for our country and, in doing so, we want to make sure that the UK remains one of the best places in the world for aerospace companies, "she told participants. continue as a world leader in innovation "and announced 343 million pounds (456 million US dollars, 389 million euros) of public-private investment in innovative research and development, including the new technology of electric aircraft
[FUTURE FIGHTER]
May also announced a new £ 2.0 billion program with Italian Leonardo to design a new generation fighter jet, following speculation according to Brexit could disrupt cooperation in this area.
"Today, I can announce Leonardo, MBDA and Rolls Royce to fund the next phase of the Future Air Combat System Technology Initiative through an innovative partnership known as Team Tempest. Said Secretary of Defense Gavin Williamson
He said the project would be carried out by an "innovative partnership."
"It's a future fighter … a virtual cockpit, whether inhabited or not, "Williamson said.
