Farnborough International Airshow Post-Show 2012

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While aircraft manufacturers reported billions of dollars worth of sales at this year’s Farnborough International Airshow, which took place July 9 to 15, the number of firm deals dipped from last year. This year saw a proliferation of memorandums of understanding and letters of intent as compared with last year’s higher number of firm orders. Richard Aboulafia, a vice president at the consulting firm Teal Group Corp., attributes airline wariness to “a perpetual European crisis, sluggish U.S. numbers and much slower emerging market growth.” Read more here.

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