The Farnborough International Airshow in the UK runs from July 19-25 and alternates each year with Paris as the premier European trade and display air show.
This year the show kicked off with a higher-than-expected amount of new plane and leasing orders in the private sector. But the warnings were clear from the world's military, that cuts in defense spending would make it harder for firms to win new contracts.
Farnborough has a history of flight testing and aircraft building going back to the start of the 20th century, when it was home to the HM Balloon Factory. The Concorde debuted in the UK at the air show in 1970.
By Kim Khan, CNBC Europe
Posted 21 July 2010