Aviation sector flies into Farnborough at cruising speed
Published on Jul 13, 2014 11:44 AM
FARNBOROUGH, United Kingdom (AFP) - Aircraft makers gathering for the Farnborough airshow this week look to build on already robust passenger plane sales, and Airbus may use the event to launch an upgrade of its A330 jet.
"Manufacturers are showing particularly high order books," equal to more than eight years of plane production, noted Alain Guillot, an aerospace analyst at consultants AlixPartners.
But the biennial Farnborough International Air Show, south-west of London, could see a slowdown in orders compared with previous record years, even though the industry is far from threatened.
The US group Boeing, which typically goes head-to-head with its European rival Airbus at Farnborough, forecast Thursday that global passenger numbers would grow by 5.0 percent annually over the next 20 years.
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