The Fort Worth Press - Aviation buzzing for return of Farnborough airshow

USD -
AED 3.673042
AFN 68.266085
ALL 93.025461
AMD 389.644872
ANG 1.80769
AOA 912.000367
ARS 1001.795932
AUD 1.547988
AWG 1.795
AZN 1.70397
BAM 1.85463
BBD 2.025224
BDT 119.861552
BGN 1.854725
BHD 0.376464
BIF 2962.116543
BMD 1
BND 1.344649
BOB 6.930918
BRL 5.79695
BSD 1.002987
BTN 84.270352
BWP 13.71201
BYN 3.282443
BYR 19600
BZD 2.02181
CAD 1.41005
CDF 2865.000362
CHF 0.888255
CLF 0.035345
CLP 975.269072
CNY 7.232504
CNH 7.23645
COP 4499.075435
CRC 510.454696
CUC 1
CUP 26.5
CVE 104.561187
CZK 23.965904
DJF 178.606989
DKK 7.07804
DOP 60.43336
DZD 133.184771
EGP 49.296856
ERN 15
ETB 121.465364
EUR 0.94835
FJD 2.27595
FKP 0.789317
GBP 0.792801
GEL 2.73504
GGP 0.789317
GHS 16.022948
GIP 0.789317
GMD 71.000355
GNF 8643.497226
GTQ 7.746432
GYD 209.748234
HKD 7.785135
HNL 25.330236
HRK 7.133259
HTG 131.85719
HUF 387.22504
IDR 15898.3
ILS 3.744115
IMP 0.789317
INR 84.47775
IQD 1313.925371
IRR 42092.503816
ISK 137.650386
JEP 0.789317
JMD 159.290693
JOD 0.709104
JPY 154.340504
KES 129.894268
KGS 86.503799
KHR 4051.965293
KMF 466.575039
KPW 899.999621
KRW 1395.925039
KWD 0.30754
KYD 0.835902
KZT 498.449576
LAK 22039.732587
LBP 89819.638708
LKR 293.025461
LRD 184.552653
LSL 18.247689
LTL 2.95274
LVL 0.60489
LYD 4.898772
MAD 9.999526
MDL 18.224835
MGA 4665.497131
MKD 58.423024
MMK 3247.960992
MNT 3397.999946
MOP 8.042767
MRU 40.039827
MUR 47.210378
MVR 15.450378
MWK 1739.225262
MXN 20.35475
MYR 4.470504
MZN 63.903729
NAD 18.247689
NGN 1665.820377
NIO 36.906737
NOK 11.08797
NPR 134.832867
NZD 1.704318
OMR 0.384524
PAB 1.002987
PEN 3.80769
PGK 4.033
PHP 58.731504
PKR 278.485894
PLN 4.096724
PYG 7826.086957
QAR 3.656441
RON 4.725204
RSD 110.944953
RUB 99.872647
RWF 1377.554407
SAR 3.756134
SBD 8.390419
SCR 13.840372
SDG 601.503676
SEK 10.978615
SGD 1.343704
SHP 0.789317
SLE 22.603667
SLL 20969.504736
SOS 573.230288
SRD 35.315504
STD 20697.981008
SVC 8.776255
SYP 2512.529858
SZL 18.240956
THB 34.842038
TJS 10.692144
TMT 3.51
TND 3.164478
TOP 2.342104
TRY 34.447038
TTD 6.810488
TWD 32.476804
TZS 2667.962638
UAH 41.429899
UGX 3681.191029
UYU 43.042056
UZS 12838.651558
VES 45.732111
VND 25390
VUV 118.722009
WST 2.791591
XAF 622.025509
XAG 0.033067
XAU 0.00039
XCD 2.70255
XDR 0.755583
XOF 622.025509
XPF 113.090892
YER 249.875037
ZAR 18.18901
ZMK 9001.203587
ZMW 27.537812
ZWL 321.999592
  • RBGPF

    61.8400

    61.84

    +100%

  • SCS

    -0.0400

    13.23

    -0.3%

  • BCC

    -0.2600

    140.09

    -0.19%

  • NGG

    0.3800

    62.75

    +0.61%

  • RELX

    -1.5000

    44.45

    -3.37%

  • BTI

    0.9000

    36.39

    +2.47%

  • RIO

    0.5500

    60.98

    +0.9%

  • CMSC

    0.0200

    24.57

    +0.08%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • AZN

    -1.8100

    63.23

    -2.86%

  • GSK

    -0.6509

    33.35

    -1.95%

  • BCE

    -0.0200

    26.82

    -0.07%

  • VOD

    0.0900

    8.77

    +1.03%

  • JRI

    0.0235

    13.1

    +0.18%

  • CMSD

    0.0822

    24.44

    +0.34%

  • BP

    -0.0700

    28.98

    -0.24%

Aviation buzzing for return of Farnborough airshow
Aviation buzzing for return of Farnborough airshow / Photo: © GETTY IMAGES NORTH AMERICA/AFP

Aviation buzzing for return of Farnborough airshow

Aviation's biggest players descend on the renowned Farnborough airshow next week, buoyed by the travel sector's nascent recovery from the Covid pandemic and as Russia's invasion of Ukraine boosts defence spending.

Text size:

Farnborough, southwest of London and one of the largest civilian and defence shows alongside Dubai and Paris, is abuzz with anticipation as the aerospace sector fires up its engines for the first time since being ravaged by the pandemic.

At the same time, however, the industry faces headwinds from rocketing inflation fuelled by historically high energy prices and higher wages, while staff shortages constrain airports.

At Farnborough, US titan Boeing and its European arch-rival Airbus will take to the skies to show off their latest hi-tech wares -- and engage in their traditional dogfight for multi-billion-dollar jet orders.

- Celebration -

"This is the first major global airshow for three years since Paris 2019 and therefore there is definitely a bigger excitement and buzz than I have seen before about Farnborough," airshow chief executive Gareth Rogers told AFP.

"People are excited to be coming back together and really looking forward to seeing each other. I think it's going to be a bit of a celebration."

Civil aerospace has been energised this year by the return of international travel after the lifting of Covid restrictions.

Farnborough was axed in 2020 owing to the deadly coronavirus pandemic and was last held in 2018.

An estimated 80,000 trade visitors will flock to the five-day event, which kicks off Monday and opens to the public Friday.

The show will this year zero in also on green themes of decarbonisation and sustainability, as the sector eyes future electric and hydrogen-fuelled flight.

- Dizzying air displays -

Farnborough visitors will be thrilled by dizzying air displays by Britain's Red Arrows -- and also by South Korea's Black Eagles.

Other eye-catching aircraft taking to the skies include the US-made F-35 stealth fighter jet and Turkish drones, while Boeing's pilotless electric air taxi will make its European debut.

Airbus and Boeing will meanwhile showcase their latest twin-aisle passenger aircraft, the A350-900 and the 777X.

A year after the last Farnborough airshow in 2018, Airbus canned production of its A380 superjumbo owing to collapsing demand for the double-decker jet.

The planemaker nevertheless forecasts the number of global aircraft will double over the next 20 years on a post-Covid travel boom and increasing demand for fuel-efficient jets.

Boeing, which will release its outlook at Farnborough, is seeking to revive the fortunes of its crisis-hit MAX jet after two deadly crashes in 2018 and 2019.

- Ukraine brings defence focus -

Russia's assault on Ukraine has thrown the spotlight on defence aerospace, as governments worldwide seek to bolster capability of their armed forces.

Companies from Russia have been banned from Farnborough owing to the conflict.

"The war in Ukraine -- it's brought defence into sharp focus," said Rogers, noting however that defence deals were not usually unveiled at the show, unlike big commercial agreements.

"Anecdotally we are certainly seeing a greater interest in the defence element of the show -- it is becoming a wider and larger part of this event," he added.

Rogers lamented that the civil aviation's recovery was being hampered by forces outside of its control.

- Turbulent recovery -

"I definitely feel the recovery is underway," added Rogers.

"The issue is how quickly can it go, and I think the staffing and workforce restraints are probably slowing that down more than the industry would like."

Airlines have also been suffering strike action, as workers seek higher pay in the face of soaring inflation.

Global air transport is on course to return to profit in 2023 after two pandemic-battered years, the International Air Transport Association predicts.

The sector was sent reeling by the pandemic, with passenger numbers plunging more than half.

Airlines lost nearly $200 billion over two years, according to IATA estimates, forcing them to slash thousands of jobs.

S.Rocha--TFWP