Farnborough orders top $100 billion

Lessors and carriers from around the world placed over 900 commercial aircraft orders and commitments at last week’s Farnborough Air Show, with a value (at list prices) of well over US$100 billion . This is well up from the 2012 edition of the Farnborough Show, and comes despite fears by some in the industry that backlogs at Airbus and Boeing were already too large.

The chart below shows our summary of the orders and commitments we are aware of. It is possible that some of the commitments (in the form of Memoranda of Understanding and Letters of Intent) will evaporate before they are firmed up, but most will be turned into firm orders and the total of 919 will not likely shrink too much.

Breaking the orders down in a variety of ways, we note the following:

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