Farnborough Airshow 2024 concluded with impressive technological showcases and significant airline orders.
The event emphasized sustainability and implementation of innovative technologies in the aviation industry, highlighting new airplane models that represent current and future trends in aviation.
Airbus and Boeing used the event to announce new contracts and strengthen market positions.
While Boeing worked to recover from recent challenges to its reputation, Airbus demonstrated significant growth in order volume.
Airbus secured several major deals, including a Memorandum of Understanding with Flynas for 75 A320neo and 15 A330-900 aircraft, aiming to expand its fleet. This deal underscores the growth in demand for fuel-efficient narrow-body aircraft, suitable for various routes, including short-haul flights.
VietJet finalized a $7.4 billion agreement for twenty A330-900 planes, marking its first acquisition of wide-body jets. This move supports VietJet's strategy to enter further long-haul markets and aligns with its sustainability goals, targeting net-zero carbon emissions by 2050.
Boeing announced Qatar Airways' additional order of 20 B777-9 aircraft, bringing their total to 94. These aircraft are designed for high-capacity, long-range flights and contribute to Boeing's efforts to reduce greenhouse gas emissions.
Korean Air also made significant commitments, ordering 20 B777-9s, 20 B787-10s, and securing 10 Dreamliner options, reinforcing its long-haul fleet with advanced technology.
Here's the complete overview for orders per Airline:
Row Labels | Sum of Total |
---|---|
Abra | 5 |
Air Tahiti | 8 |
Berniq Airways | 6 |
Druk Air | 5 |
Flynas | 90 |
Japan Airlines | 61 |
Japan Airlines | 10 |
Korean Air | 50 |
Luxair | 4 |
Macquaire AirFinance | 20 |
National Air Cargo | 4 |
Qatar Airways | 20 |
VietJet | 20 |
Virgin Atlantic | 7 |
The airshow also featured various technological advancements in aircraft.
Airbus showcased key models like the A330-900neo, A350-900, A321XLR, and A220-200, with a particular focus on the A321XLR for long-haul narrow-body flights.
Boeing highlighted the 787-9 Dreamliner in Qatar Airways livery, emphasizing its importance for intercontinental travel and environmental efficiency. Additionally, Boeing discussed its future with the 777X series, focusing on range and capacity.
Embraer presented the E195-E2, showcasing its strength in the regional jet market, and the C-390 Millennium, known for its military and humanitarian roles.
Here's the Aircraft types ordered in numbers:
The Air Force segment of the show included displays from Lockheed Martin and Boeing, featuring the F-35 and F-15QA, highlighting advancements in stealth, speed, and combat capabilities. The RAF’s A330 MRTT and CH-47 Chinook illustrated the essential role of transport and tanker aircraft in modern military operations.
In the private jet sector, Gulfstream introduced the G700 executive jet, offering luxury and advanced business aviation technologies. This jet is renowned for its exceptional comfort and functionality, appealing to affluent individuals and corporate clients.
Overall, the Farnborough Airshow 2024 highlighted major advancements and strategic choices, showcasing the dynamic changes within the aviation industry.
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