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Farnborough International Airshow

  • Siemens Explores New Horizons Tuesday, 10 Jul 2012 | 5:53 AM ET

    The Mars space probe built by Siemens is an “iconic example” of what the technological industry can provide to global aerospace development, Siegfried Russwurm, the CEO of Sector Industry Sector at Siemens told CNBC.

  • Production 'Bubble' Reflects Real Growth: PwC Friday, 13 Jul 2012 | 12:29 PM ET
    The flight deck of Emirates Airbus A380

    No doubt the debate will carry on this week about whether the industry is over-heated and creating a bubble for itself. The current movement shows no signs of slowing down. For those that are calling it a "bubble" it has proven to be quite a resilient one and one we believe is actually reflective of real growth, write Neil Hampson and Scott Thompson from PwC.

  • Rendering of the 737 MAX

    As orders go at air shows, the latest deal between Boeing and Air Lease Corp is not the biggest one ever done.  Still, the $7.2 Billion ALC is paying for 75 new 737 MAX airplanes is significant and highlight the continued demand for more fuel-efficient single aisle planes.

  • Private Aviation 'Midway Through Recovery' Monday, 9 Jul 2012 | 9:45 AM ET
    Airplane

    The private aviation industry in Europe has undergone a challenging few years, keeping step with the similarly challenging macro-economic environment.

  • Boeing CEO: No Demand Slowdown Monday, 9 Jul 2012 | 12:37 PM ET
    Boeing Headquarters

    Boeing CEO Jim McNerney denied commercial aviation was in a production bubble on Monday, shortly after closing a $7.2 billion deal with Air Lease.

  • Supply Chain Risks Still Loom: Expert Monday, 9 Jul 2012 | 7:58 AM ET

    The aeronautical industry is not experiencing a production bubble in the commercial sector, but supply will need to keep up with demand, David Baxt, Global Head of Aerospace and Defense at Jefferies, told CNBC.

  • Why Farnborough Is Still Important Monday, 9 Jul 2012 | 2:20 AM ET

    New venues such as Singapore, Dubai and Bangalore have grown in importance with the global economy, but Farnborough is not an anachronism; it remains a premier venue to take the industry's pulse.

  • European Austerity May Clip Defense Sector Monday, 9 Jul 2012 | 2:19 AM ET
    European Union Flag

    Defense manufacturers suffered a further blow on Wednesday as the UK became the latest European nation to announce military cutbacks as part of austerity measures.

  • A Challenging Year for Orders at Farnborough Friday, 6 Jul 2012 | 2:29 PM ET

    A few days left before the Farnborough Air Show opens its gates to trade visitors, and signs for aircraft manufacturers are not good.

  • Big Show for Boeing's New Boss Friday, 6 Jul 2012 | 2:16 PM ET
    Boeing Headquarters

    The world's No. 2 aircraft maker put top salesman Ray Conner in charge of its commercial plane unit only last week, and faces international customers' questions on how it plans to replace its successful but aging 777 mini-jumbo.

Slideshows

  • Highlights From the Farnborough Airshow Wednesday, 11 Jul 2012 | 6:29 AM ET
    The Farnborough International Airshow, held once every two years, is one of the world’s most important aerospace and defense events. Situated around 40 miles southwest of London, the show encompasses five trade days and a weekend, during which the exhibition is open to the public. It brings together the biggest players from the commercial, business and military aviation industries.The last event in 2010 saw $47 billion worth of completed deals and 120,000 business visitors. This year, though, Fa

    The Farnborough International Airshow, held once every two years, is one of the world’s most important aerospace and defence events.

  • Aircraft With Unusual Purposes Monday, 13 Feb 2012 | 12:46 PM ET
    When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that aren’t designed to only carry passengers? Planes that are created for specific functions like saving lives, construction, espionage, as well as those that will transform the way we travel in the future.We’ve put together a list of eight innovative aircraft — from old models to state-of-the-art. Each of them was specifically designed to perform a function or solve a prob

    When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that don't just carry passengers?Here are some uncommon aircraft with important functions.

  • The World's Most Beautiful Airports Friday, 11 Nov 2011 | 3:33 PM ET

    Everyone has experienced it, and no one enjoys it: the airport delay. But there are some airports where you might decide that a longer-than-expected layover is not such a bad thing.

  • High Fliers in Modern Aviation Friday, 11 Nov 2011 | 3:33 PM ET
    Whether luxury business jets or commercial airliners, some planes have a special place in aviation history. To mark the 2011 Dubai Air Show, we've picked 12 aircraft whose design and construction make them key players in almost a century of innovation. Click ahead to see an early runway success, modern flyers that have gained worldwide recognition and new models likely to make their mark in the years and decades ahead, as well as their production history.

    To mark the 2011 Dubai Air Show, we've picked 12 aircraft whose design and construction make them key players in almost a century of innovation.

  • Airline Firsts That Changed the Industry Tuesday, 12 Jul 2011 | 2:32 PM ET
    When the Wright Brothers successfully launched their airplane from the sand dunes of Kitty Hawk, N.C., on a chilly day in December, 1903, they likely never imagined the enormous global industry that would follow.In 2010, commercial airline industry revenues topped $554 billion and are forecast to hit $598 billion in 2011, according to the International Air Transport Association. The growth over the last 108 years has been enormous, and so have the changes. Some were born of necessity, others of

    Here, we take a look at the evolution of air travel: the good, the bad and the inbetween — they're all "firsts" that changed the industry.

Videos

  • Avolon on Deal to Purchase 30 Boeing Aircraft     Thursday, 12 Jul 2012 | 4:15 AM ET

    Domhnal Slattery, CEO of Avolon, told CNBC "Airlines all over the world are looking for more fuel efficient aircrafts and the Boeing 737 MAX really delivers that for airlines so we have a very strong conviction that this aircraft is going to be in big demand on a global basis."

  • Siegfried Russwurm, the CEO of Siemens Industry, told CNBC that despite the China slowdown, weakening demand for technology and the global economic crisis, there is longevity in the aeronautical industry. "We strongly believe that the aerospace industry is a growing vertical in the long-run. It may be bumpy every now and then but in the long-run, growth potential is there."

  • Eric Connor, CEO of NetJets Europe, told CNBC that the "private jet market has been hit less by the global economic difficulties than other areas in aviation. We make long and medium term commitments with our owners, which gives us more solidity," he said.

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