Farnborough 2024: 1,000 Aircraft Orders and Industry Reset
The 2024 Farnborough International Airshow will gather 80,000 visitors, including top aerospace and defense leaders, to discuss industry trends and challenges. The event will highlight issues such as commercial aircraft backlogs, supply chain strains, and the impact of geopolitical tensions on defense budgets. Boeing's recent acquisition of Spirit AeroSystems and its legal troubles over the 737 MAX crashes will be focal points, alongside Airbus's supply chain difficulties. The show will also feature advancements in electric Vertical Take Off and Landing (eVTOL) aircraft and sustainability efforts, despite setbacks like the closure of Universal Hydrogen.