Sunday, March 4, 2012

Air show fuels hope of better days for airlines

A flurry of orders for arch rival plane makers Boeing Co. and Airbus signaled an optimistic start to the Farnborough International Airshow _ and more began to roll in on Tuesday at the industry's premier event.

Adding to deals worth more than $18 billion signed on Monday, European regional airline Flybe announced an order for up to 140 Embraer planes, worth as much as $5 billion at list prices, to be delivered between 2011 and 2017 to support its expansion plans.

The deals at Farnborough, considered a barometer of the aviation and defence industry along with its sister show at Le Bourget in Paris in alternate years, are giving rise to hopes that the worst …

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