2024-07-29 08:14:56
The air show of Farnboroughin it United Kingdomwelcomes from today a sector with lights and shadows: the orders of planes and defense budgets have skyrocketed, but day-to-day production faces persistent difficulties.
Some 75 thousand professionals and more than 1,200 exhibitors are invited for five days to this airport in the southwest of Londonwhich is generally used for business flights.
The biennial exhibition is one of the most important in the world.
This major trade fair is taking place at a time buoyant for him world air trafficwhich should exceed its pre-pandemic activity this year and double the number of passengers in 20 years to 8.6 billion, according to the forecasts of the International Air Transport Association (IATA).
This is an encouraging outlook for manufacturers such as Airbus, which predicts that the world will need more than 42,000 new aircraft over the next two decades.
Following the Russian invasion of Ukraine And with China’s growing military power, defense spending is also accelerating, reaching a record $2.3 trillion globally in 2023, according to estimates by the International Defense Research Institute. Stockholm Peace.
“This year, the military and space sectors will be the stars of the show, given the geopolitical environment,” predicts Jérôme Bouchard, an aeronautical expert at the consultancy Oliver Wyman.
However, there is no need to expect “major developments” regarding commercial aviation. “We are going to continue with the trends observed… last year decarbonized aircraft and the EVTOL”, electric flying vehicle with vertical takeoff and landing.
The traditional duel of orders between the two giants of the sector, Airbus y Boeing, will be discreet this time.
“Previously, trade shows were an opportunity to flex their muscles commercially by securing good orders,” he explains. Bouchard. “There may be some, but we no longer wait for the salons to make big commercial announcements,” he adds.
Airbus announced an order from the Philippine airline in early July Cebu Pacific with 152 aircraft.
And Boeing this week reported a contract for 35 737 MAX aircraft for the lessor Aviation Capital.
Sources at both manufacturers explain that the fair is the ideal opportunity to engage in commercial discussions, but that the announcement of a possible agreement depends largely on the willingness of the buyer.
In the last year, the order book for Airbus y Boeing has increased by 18% up to almost 15 thousand devices, but deliveries have only increased 11% in this interval.
“The demand is clearly not the main problem of the industry,” he stresses. Pascal Fabre.
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2024-07-29 08:14:56