Boeing, Airbus secure Farnborough orders as sector stabilises

Boeing has been cranking out order announcements at this week's Farnborough Airshow, restoring momentum to its troubled 737 MAX, while rival Airbus on Wednesday added to its A320neo order book. Boeing has secured over 100 firm orders for the MAX as it still faces big challenges to certify a crucial new variant before a year-end deadline. Qatar Airways also might be open to reviving a tentative deal for 25 MAX which had lapsed, sources told Reuters. "It's a quiet show, but within that I think Boeing's mojo is back," said Agency Partners analyst Sash Tusa. Airbus on Wednesday confirmed a deal for 56 A320neo family jets to easyJet after budget airline's shareholders backed it. read more The European planemaker scooped a huge order for almost 300 aircraft from China weeks before the biennial show, which is making its return after a four-year pandemic-induced hiatus. Aerospace leaders are anxious to simply turn the page after the pandemic and the safety grounding of the 737 MAX, events which rocked the industry. Supply chain problems, soaring inflation, fuel prices, and ever-growing pressure to decarbonise highlighted by a record heatwave in the UK this week have dominated discussions instead. Story has more.<br/>