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The 2018 Farnborough Airshow has been kicked off the air.
As usual, the competition between Airbus and Boeing rivals is expected to produce one of the top commercial aviation storylines from the biennial show, which alternates annual with a show show near Paris.
Bloomberg News notes "billions of dollars are at stake in the world's largest planemakers … duel over orders this week at the Farnborough."
"Beyond the order avalanche, manufacturers, suppliers and airlines use the event to haggle over contracts and float ideas for new planes and ventures, " Bloomberg adds." Farnborough … is also a showcase for new technology and i
The show runs through Sunday, though it opens up to the public only for the weekend after the beginning of several days.
Boeing landed a cargo carrier DHL for 14 Boeing 777 freighters and options for more that would be worth $ 4.7 billion, depending on FlightGlobal .
Airbus announced a mix of orders – some firm, some promised – that would be worth tens of billions of dollars at list prices. Airbus A350s for China's Sichuan Airlines. Airbus also announced a series of deals – some MOUs and some firm orders – for nearly 150 of its Airbus A320neos. The biggest of those were a MOU for 80 of the jets by an "undisclosed" aircraft and a "letter of intent" by India's Vistara for 50.
Here are some of the top storylines coming out of the airshow on Monday , as reported from a variety of global news outlets. (1965) BBC
The British broadcaster took a broad look at the show's opening day. But, perhaps unsurprisingly, Brexit was a major theme of the network's coverage. The network writes:
'But this year is about to be the future of the future, and for many people will dominate the cottages and meeting rooms. Paul Everitt is head of ADS Group, which represents the UK aerospace, defense and space sectors. He insists that any failure to agree a good deal on Brexit will hurt the sector.
FULL REPORT: Farnborough Airshow: Brexit and bulging order books dominate
The Telegraph
The London newspaper also takes JetBlue founder Dave Neelemam The Telegraph writes:
"Farnborough is the newcomer to the United States. first such event since Airbus and Boeing shook up the industry by agreeing to absorb key commercial programs of smaller rivals Canada's Bombardier and Brazil's Embraer as they prepare for future competition from China.
The result should be a fierce contest for sales in the 100 Boeing closes its Embraer deal
A new airline, Moxy, is expected to confirm a large order for the rebranded Airbus A220, the train Bombardier CSeries. "
FULL REPORT: Boeing kicks offFarnborough Airshow with £ 3.6bn DHL 777 deal
Reuters
The wire service notes that the day began with numerous orders that continue to "decade-long boom" for the big jetmakers . But could there be a hitch? Reuters writes:
"Higher oil prices, global interest rates, global trade voltages and uncertainties."
"But business was brisk on the first day of the July 16-22 air show, though analysts will be closely involved in the analysis of the future. "
FULL REPORT: Boeing kickstarts air show The Wall Street Journal
The US-based business daily says that good times have come with a tricky downside for the world's big aircraft makers: up with demand. The Journal writes:
"Boeing and Airbus swamped with orders for new jets, are struggling to deliver them" (19659007) "Airbus has missed "
FULL REPORT: Boeing, a number of deadlines for deliveries, it has delivered fewer plans than it did by this time last year, despite promising Airbus Strain to Deliver the New Jets They Have Promised
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