The pace of aircraft order announcements has not declined yesterday on the second day of the Farnborough show, in the London suburb. With, in addition to those of Airbus and Boeing - 123 orders combined-, a noted out of the Brazilian Embraer, which has placed 50 aircraft regional. So, between the firm orders, some accompanied by options, memoranda of understanding or the intentions of purchase, hard to say who the U.S. manufacturer or its European rival won the second round. But regardless, because the substance is not.
By analyzing what is happening since Monday morning, a finding is required, which confirms the heterogeneous nature of the economic recovery in the aviation sector: when Asian companies, the South American or Persian Gulf strengthen or rejuvenate their fleets, their counterparts of old Europe or the United States conspicuous by their absence. And it is not to insult the British Flybe or Irish Avolon to recall that the growth in traffic will not be in the future, in developed countries.

Featuring last Thursday its updated forecasts of the market in 20 years, Boeing did not say anything. About 31,000 new aircraft more 90-seat emerge channels over the period 2010-2029, for a total market estimated at 3 billion. On this amount, 2 billion will come from the so-called countries emerging from 1.5 billion for Europe and the United States. Example, the LAN Chile yesterday formalized a memorandum of understanding with Airbus covering 50 A320 ("Les Echos" from Monday). The catalog price, this represents $ 3.7 billion. In full boom, the company had already bought 30 copies of the European aisle in December. On the other side of the Pacific, Hong Kong Airlines wants to strengthen its new routes to Europe and the United States. His leadership has transformed a previous command of 15 A330 in a memorandum of understanding on 10 A330s and 15 A350, the future long-range over-water of Airbus. First deliveries expected from 2012.
Rome cancels 25 Eurofighter
Boeing is not at rest. The American manufacturer has placed 3 B787 Dreamliner to Jordanian Airlines. But its most beautiful move yesterday, the American manufacturer is reverting Steven Udvar-Hazy. The head of Lac, a new rental company, this veteran of the industry has formalized an intention to purchase on 60 B737. Monday, it is in Airbus that the former boss of ILFC had shopping Commander 51 A320. Alone in including another purchase of 15 Embraer, it has pledged 10 billion of dollars in 48 hours! And there is no doubt that a good part of the fleet being ira grow Asian air routes.
This collection of ads in contrast to what happens on defense, the other outlet of the aviation industry. Public budgets are under pressure, cuts in the programmes are therefore inevitable. Liam Fox, the new British Defence Secretary, took Farnborough to engage interested parties: the taxpayer must en avoir for his money. Its Italian counterpart was more explicit. To save 2 billion euros, Rome will Commission 25 aircraft Eurofighter less than expected. Bad news for EADS, BAE and Finmeccanica... and their subcontractors.