Airbus and Boeing leave air show with work to do

Boeing and Airbus executives are wrapping up the commercial-aviation industry’s biggest week of the year. But instead of jetting off to summer vacation, it feels more like the start of summer school for both plane makers. The rivals came away from Farnborough with a combined haul of nearly US$62b in deals, compared with $115.5b they racked up at the last show here. That was in the midst of a historic boom in orders, driven by rapidly expanding airlines looking for the newest, most efficient planes. The midsummer show tends to be the industry’s orders highlight of the year, when plane makers pack their annual orders books and position themselves for an easy glide in the latter half of the year. This year, though, executives at both companies said they would have significant work to do after the show to make those goals. <br/>
Wall Street Journal
http://www.wsj.com/articles/airbus-beats-boeing-with-35-billion-in-air-show-deals-1468504000
7/14/16