Day 2 At FIA 2018: Of Sharks And Critters!

  The Farnborough International Airshow is in full swing. Day 2, like the first one, was full of surprises. Guess there are many more to come, as the trade show unfolds.   Sharks – The Fish That Rule The Roost Day 2 saw the big shots in action. Boeing and Airbus had their plates full….

airshow

 

The Farnborough International Airshow is in full swing. Day 2, like the first one, was full of surprises. Guess there are many more to come, as the trade show unfolds.

 

Sharks – The Fish That Rule The Roost

Day 2 saw the big shots in action. Boeing and Airbus had their plates full. Orders poured in from all corners.

Critters – The Not-So-Big Fish In The Sea

While Boeing and Airbus made it big, smaller jet makers weren’t far behind either. Nor were the regional propeller plane manufacturers. Embraer, especially, had a fruitful day. The company announced a host of orders.

Farnborough Airshow Day 2: Small Jet Maker Shows Teeth

The aerospace industry tends to be a relatively closed one, making it relatively difficult to analyze and understand. That comes on top of the complexity of the industry. For investors without in-depth knowledge, this makes the industry somewhat difficult to invest in, but there certainly are moments where the jet makers such as Boeing (NYSE: BA) and Airbus ( OTCPK:EADSF) become somewhat more transparent.

It’s Raining Orders And How

The second day at the Farnborough Airshow was even better for business. Deals worth $51.4bn were on the table. Over 530 planes made it to the order books. Guess what, the total value of planes ordered so far has already hit a whopping $95.5bn.

Farnborough Airshow on Twitter

Day two of #FIA18 has seen $51.4bn in deals. More than 530 aircraft have been ordered, bringing the total value of aircraft ordered at the Airshow so far to $95.5bn. https://t.co/EOm9rSgoxj

Also Read: Day 1 At FIA 2018: From Billion-Dollar Deals To Product Unveilings

The Dragon And Its Unveiling

Mitsubishi MRJ90, nicknamed the Dragon, made its Farnborough Airshow debut. The regional jet is performing an air-show routine that showcases its design. Did you know that this jet has a sword-inspired design? The jet’s name is a homage to a professional baseball team. The team,  Nagoya Chunichi Dragons, is from Mitsubishi’s hometown. The jet at the show is MRJ production no. 10003, also known as FTA3.

Mitsubishi MRJ90 Makes Its Farnborough Airshow Debut

Mitsubishi Aircraft MRJ90 in the livery of ANA/All Nippon Airways graces the skies of Farnborough 2018. Making its Farnborough debut, Mitsubishi Aircraft’s MRJ90 regional jet is performing a striking air-show routine designed to showcase the all-new aircraft’s sword-inspired design and quiet engine noise. But with the “scope clause” in pilot contracts looming over the all-important U.S.

A Flying Taxi On The Cards?

Rolls-Royce, the British Engine Maker, shared plans of developing an hybrid electric vehicle. They are calling it the “Flying Taxi.” The company hopes to come up with a prototype version within the next 18 months. It was also said that the company could take the taxi to the skies in the early 2020s.

Rolls-Royce unveils hybrid ‘flying taxi’ at Farnborough

Farnborough (UK): British engine maker Rolls-Royce revealed plans this week to develop a hybrid electric vehicle, dubbed the “flying taxi”, which takes off and lands vertically and could be airborne within five years. The London-listed aerospace giant, which is based in Derby in central England, showed off the plans at the Farnborough Airshow for the first time, as other players also rush into the market segment.

An Unfortunate Turn Of Events

Firefighters had to rescue a man from the roof of a burning house. This incident happened in Farnborough. The site of the incident wasn’t far from the Farnborough Airport. That’s where the aerospace and defence airshow is currently taking place.

BREAKING: House up in flames in Farnborough

2:42pm 17th July 2018 (Updated 4:57pm 17th July 2018) He’s been taken to Frimley Park Hospital following the fire at the house on Alexandra Road this afternoon (July 17). More than 50 firefighters attended the scene, along with three ambulances and two ambulance cars.

It’s been two days into the show, and we are already hooked. How about you? Stick around for more highlights.

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