Page 1 - FARNBOROUGH AIR SHOW 2024 - DAY 1 | DAILY NEWS
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22-07-2024

        GLOBAL BUSINESS PRESS                                                                            WWW.GBP.COM.SG

          The Real Story Will Lie Beyond the Numbers




          With Boeing choosing not to bring any of
          its signature jets to the Show, Airbus has
          the battle for the eyeballs already won,
          but the jet orders tussle involving the two
          aerospace giants will generate plenty of
          excitement and headlines. However, there
          is plenty more to look forward to over the
          next few days.

          Geopolitical conflicts and an industry in
          flux combine to throw up interesting sto-
          rylines. Sustainability, aviation’s struggle
          to find young talent, air and missile de-
          fence systems, sixth-generation combat
          air systems, persisting supply chain issues   not necessarily in that order, at the year’s  at the Paris Airshow last year, when Airbus
          faced by companies in the aerospace and   largest and most significant airshow.  won the single largest aircraft order in
          defence sectors, and the progress made                                      history – IndiGo’s order for 500 A320neo
          by the fledgling advanced air mobility   While Boeing ended the previous edition of  family jets – and left its traditional rival
          (AAM) industry are among the issues that   the Farnborough Airshow with a lot more  far behind.
          are expected to dominate discussions,   orders than its rival, the tables were turned             ...Cont’d to PG 3



          44,000 New Aircraft Needed                                                  Eve Unveils

          Over the Next 20 Years: Boeing                                              First Full-Scale

          Boeing has forecast the need for 44,000 new aircraft over the next 20 years as air  eVTOL Prototype,

                                                                                      Names Suppliers
          travel surpasses pre-pandemic levels.
          Released ahead of the airshow, the Boeing annual Commercial Market Outlook (CMO)
          forecasts that the global passenger and freighter fleet will nearly double over the                      SEE P/8
          next 20 years and single-aisle aircraft will account for 76% of deliveries.
           SEE P/7                                                                               INTERVIEW



          Maiden Show

          Foray for Turkish


          Major Aselsan



          Turkey’s leading defence company
          Aselsan, which is making its first appear-                                                              SEE P/5
          ance at Farnborough, is showcasing air                                                                  SEE P/5
          radar, communication, electro-optical and
          electronic warfare systems.                                    SEE P/9      David Rottblatt, Senior Director of Strategy
                                                                                      & Commercialization, Supernal.
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