Aviation
What goes up...
Yesterday saw the official opening of the Farnborough International Airshow, one of the aviation industry’s biggest trade events and a spectacle that alternates each year between Paris and Farnborough in the UK. There was a great deal of movement in the industry in the run-up to the show, with US airline JetBlue and Indian carrier Vistara placing major orders. The former ordered 60 Airbus A220s (a jet that was until recently the Bombardier CSeries before Airbus took over the programme from the Canadian manufacturer). “I wasn't expecting so many commercial orders,” says Rob Morris, global head of consultancy Flight Ascend. “We’re seeing continued exuberance but I’d urge a bit of caution. We’ve had nine years of growth and it can’t keep going. Plus, the global Worry Index is increasing, with various uncertainties such as the possibility of a trade war and slowing growth in China.”