Jetmakers shrug off demand risks after mixed Farnborough
When a freak English summer storm flooded exhibition halls at this week's Farnborough Airshow, the stiff-lipped announcer told sodden aerospace executives: "Please do not panic: we will not evacuate at this stage."
It was a message meant to reassure, but not exactly guaranteed to inspire confidence.
After a chaotic and storm-ridden show, "keep calm and carry on" is also the message from the world's major jetmakers as they cling to bullish long-term forecasts despite economic and political concerns overshadowing aviation markets.
Airbus , Boeing and Embraer all upgraded their demand forecasts this week. But orders were slower than some expected, with several airlines said to be holding off making decisions.
"People ask if this is showing the end of the cycle. I just have to say that ... we are on track as an industry for another good sales year and certainly on track for some really impressive delivery numbers," said Boeing marketing vice-president Randy Tinseth.
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