Airbus and Boeing usually don’t miss a chance to celebrate their biggest orders at the annual air shows – typically, top executives will trumpet them loudly at signing ceremonies staffed with a phalanx of smiling flight attendants.
Not this year. On the first three days at the Farnborough expo taking place outside London, Airbus has cloaked the identity of the customer behind US$24.4 billion in orders at list prices. Boeing followed suit regarding deals struck for planes valued at US$11 billion before customary discounts.
Why? Airbus’s sales chief points the finger at US President Donald Trump, whose trade war with China has created a minefield for global companies that do business in both countries. Click here to read more.
- Boeing Sees Budget-Airline Surge Driving $15 Trillion Market (Bloomberg)
- Aircraft Market to Cross $6 Trillion in 20 Years: Boeing (TradeArabia News)