Farnborough Airshow day two generates $22.1bn in aerospace deals

Farnborough International Airshow generated another $22.1bn (£16.4bn) in aerospace deals on its second day, despite the absence of a single blockbuster aircraft order.

Figures released by ADS show that the day’s activity included 82 firm aircraft orders, 12 options and 431 firm engine orders.

The overall value was 34% lower than that recorded on the second day of Farnborough 2024. However, the number of firm aircraft ordered increased by four, or 5%, compared with the equivalent day at the previous show.

Firm aircraft orders were valued at $1.9bn (£1.4bn), while all firm business announced during the day, including engines, reached $21.7bn (£16.1bn).

Boeing, Airbus and Embraer share aircraft orders

Boeing’s day-two business included an order from AerCap for 15 787-9 Dreamliners, with substitution rights allowing the lessor to switch to the larger 787-10. Uganda Airlines also committed to four 737 MAX 8s and four 787-9s, marking its first direct aircraft purchase from Boeing.

Airbus secured a memorandum of understanding from Philippine Airlines for nine additional A350-1000s. The agreement would double the airline’s commitment to the type to 18 aircraft.

Tajikistan start-up Shohin Airlines was disclosed as the customer behind a previously unidentified order for two A320neos and two A321neos.

Embraer announced a wave of E-Jet business led by Abra Group, the parent company of Gol, Avianca and Wamos. Abra’s agreement includes 20 firm E195-E2s, alongside options and purchase rights. Additional commitments were announced from Fuji Dream Airlines, Luxair, Binter and aircraft lessor Azorra.

Other business announced during the day included The Helicopter Company’s letter of intent for up to 60 Bombardier business jets. The agreement includes 12 firm aircraft and options for another 48.

Engine deals dominate day-two value

Engine agreements accounted for much of the value recorded on day two, with 431 firm orders spanning LEAP, Pratt & Whitney and GE powerplants.

The UK content within all firm orders announced during the day was estimated at $3.5bn (£2.6bn), reflecting the country’s extensive role across the global aerospace supply chain.

ADS calculated the sterling values using an exchange rate of £0.743 to $1. Its totals are based on list prices, with the actual prices paid by airlines, lessors and other customers remaining commercially confidential.