Farnborough Airshow 2008
The 2008 Farnborough International airshow (held from July 14 through 20) largely confounded widespread predictions that provide clear evidence of an indus

The 2008 Farnborough International airshow (held from July 14 through 20) largely confounded widespread predictions that provide clear evidence of an industry heading into a downturn. A fresh wave of airliner orders, mainly from carriers in the fast-growing Middle Eastern and Asian markets, bolstered Airbus and Boeing, along with their phalanx of global suppliers. The event also saw manufacturers boldly committing to major new airframe and engine programs with the clear intention of maintaining a competitive edge for the next cyclical upturn.

Abu Dhabi-based Etihad Airways split firm orders for 55 airplanes between Airbus and Boeing and provisionally committed to another 50. The value of the firm part of these deals was around $20 billion, rising to as high as $43 billion if all options are exercised.