Farnborough: The Farnborough air show opens Monday in the face of turbulence from Britain's shock decision to exit the European Union.
The event held every two years southwest of London traditionally features a battle between US titan Boeing and Europe's Airbus for supremacy on the order books.
Organisers know there is little chance to beat the record $201 billion (181 billion euros) of business -- both firm airplane orders and commitments -- clinched in 2014, with the industry beset by major production backlogs.
Ahead of the meeting, some airlines have posted profit warnings linked to expected fallout from Brexit.
Britain's referendum to quit the 28-nation European Union has cast a shadow over the air show that runs from Monday until Sunday.
The vote sent financial markets tanking and sparked worries about global economic fallout that could weigh on demand for airline travel.
10/07/16 AFP/New Indian Express
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The event held every two years southwest of London traditionally features a battle between US titan Boeing and Europe's Airbus for supremacy on the order books.
Organisers know there is little chance to beat the record $201 billion (181 billion euros) of business -- both firm airplane orders and commitments -- clinched in 2014, with the industry beset by major production backlogs.
Ahead of the meeting, some airlines have posted profit warnings linked to expected fallout from Brexit.
Britain's referendum to quit the 28-nation European Union has cast a shadow over the air show that runs from Monday until Sunday.
The vote sent financial markets tanking and sparked worries about global economic fallout that could weigh on demand for airline travel.
10/07/16 AFP/New Indian Express
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