FIA 2018: Boeing balance sheet and prospects for the next 20 years

During the 16-22 July 2018, Farnborough International Airshow 2018 is in progress. Until 20 July, FIA 2018 has been more for the B2B sector, and will open to the passionate audience of aviation and aircraft over the weekend.

After 4 days of FIA 2018, Boeinga drew the line and announced orders and commitments for commercial aircraft worth $ 98.4 billion. At the same time, it reported contracts for commercial and defense services worth 2.1 billion.

Boeing balance sheet at FIA 2018

Boeing had a good week at the Farnborough International Airshow 2018, recording orders and commitments for the 673 of civil aircraft and cargo. Among the passenger planes, most orders were directed to the 737 MAX (564 aircraft) and 787 Dreamliner (52 aircraft) models. In the cargo area, Boeing recorded orders for 48 of 777F and 5 x 747-8F aircraft.

The highest order was placed by VietJet, which opted for 80 for Boeing 737 MAX 10 and 20 for 737 MAX 8 aircraft. The order was valued at 12.7 billion dollars, at list price.

Boeing also announced an order for 100 from 737 MAX aircraft, but maintained customer anonymity. In this case, the order was valued at 11.7 billion.

Outlook for the next 20 years

Also at Farnborough International Airshow 2018, Boeing has also released estimates for the next 20 for years. According to the US manufacturer of civilian and military aircraft, global aviation will need 43 000 new aircraft, which are valued at 6.3 trillions of dollars. At the same time, the market for commercial services was evaluated at 8.8 trillion dollars until 2038.

Also at FIA 2018, Boeing held its first joint press conference with Embraer, through which they revealed future plans for the development of the Embraer E2 aircraft family. Boeing also announced a partnership with SparkCognition to develop an artificial intelligence project on unmanned aerial traffic management (UTM).