Farnborough Airshow Review, Days 1 and 2

The Farnborough 2008 Airshow, which runs from July 14 to 20, is the first major airshow to be held since the Paris Air Show last June. Boeing VP Randy Tinseth pointed out on his journal a few ways that the aviation world has changed since the Paris show:
  • There have been 2,678 commercial airplane orders (Boeing and Airbus)
  • Oil has gone from $67/bbl to $134/bbl
  • Jet fuel has gone from $2.12/gal to $3.92/gal
  • The U.S. dollar has gone from 0.75 euros/dollar to 0.64 euros/dollar, and from 123 yen/dollar to 107 yen/dollar
  • The market has continued to liberalize with “open skies” between the EU and the U.S.
  • And worldwide aviation traffic continues to grow
The economic situation that the airline industry's in has only gone downhill since last year, so some expect that, as a result, there will be fewer orders announced at this year's airshow. So here's a quick summary of the orders placed from days 1 and 2 (July 14 and 15). It should also be noted that Airbus tends to "save up" announcing orders until airshows, while Boeing tends to announce them on a more regular basis.


  • Dubai-based low-cost startup FlyDubai ordered 50 737-800s, worth $3.74 billion at list prices.
  • Ethiad Airways ordered 35 787-9s and 10 777-300ERS, worth $9.4 billion.
  • Nigerian airline Arik Air announced an order for seven more 737s.
  • Aeroflot ordered five A321s.
  • Dubai-based Aircraft lessor DAE Capital ordered 30 A350-900s and 70 A320s.
  • Aviation Capital Group ordered 23 A320 family aircraft.
  • Tunisair ordered three A350-800s, three A330-200s and ten A320s.
  • Qatar Airways ordered four A321s.
  • Ethiad Airways ordered 20 A320s, 25 A350 XWBs and 10 A380s.
  • Saudi Arabian Airlines ordered eight A330s.


Anonymous said...

Len Rayment FCA - BAESystems TAG Farnborough Airport Criminal Case
By Jodi Richards

FARNBOROUGH, U.K. -- Farnborough International Airport, located south of London, attracts aviation enthusiasts here every two years for the Farnborough International Air Show. Once a leading military research and development airfield, Farnborough enters a new era with private investment from TAG Aviation, which owns and controls more than 160 business jets and is a part of TAG Group S.A. The goal: Make the airport England's premier business aviation facility.

According to Len Rayment, director of FBO and business development, Farnborough has been "an airfield of some description" since 1907. Most famously known for its biannual international air show, last held here in July. Until the early 1990s, the airfield was a government-owned research facility involved with "just about every form of military aviation development you could imagine," says Rayment. He explains that in the ?80s the British government decided to dedicate Farnborough, one of three research and development airfields it was operating, to business aviation. A 50-acre site on the south side of the airfield went out for commercial tender. A civil enclave was established in 1989 by Carroll Aircraft, whose holding company, The Carroll Group, went bankrupt in 1995. In 1999, operation of the airport was once again put out to tender to be operated as a business aviation facility. TAG Aviation submitted a successful bid and entered into a 125-year lease of the airfield, subject to obtaining planning permission and a CAA (Civil Aviation Authority) license.

According to Ann Bartaby, TAG Farnborough director of operations and development, each process required separate approval, making for an intense 18 months.

The Carroll Foundation Trust Criminal Case - Carroll Aircraft Corporation - Britain's Longest Running Largest Organised Criminal Conspiracy and Corruption Case - $ One Billion Dollars $ Embezzlement of Funds Criminal Liquidation of Assets on a World Wide basis

Anonymous said...