Farnborough takes $47 billion of orders so far

A|D|S and its subsidiary company, Farnborough International Limited (FIL) today (Friday) announced the orders and attendee figures to date for the Farnborough International Airshow.

The 2010 show was sold out with an increased number of exhibiting companies (1,450) compared to the 2008 show (1,393). This year's event saw good engagement from decision makers with 11 UK Government ministers, as well as ministers from overseas plus 70 delegations from 44 countries, in attendance. With over 120,000 visitors on trade days and an expected 160,000 on the forthcoming public weekend this will put 2010 almost on a par with the total numbers for 2008, which were 285,000.

Orders for the show so far total $47 billion (£31 billion) and the Airshow has welcomed 120,461 people. As expected given the current economic climate visitor numbers on trade days are down around 8% on 2008. The show also contributes about £20 million to the local economy around Farnborough. The peak boom year was 2008 when the show saw $88.7 billion of orders. For comparison 2006 saw $46 billion worth of orders taken.

“The 2010 Farnborough International Airshow has been very successful and the figures demonstrate the mood of strong optimism that there has been around the show this year, which is very encouraging given the current global economic climate,” stated Ian Godden, chairman of A|D|S. “To see over $47 billion dollars worth of business done and the quality of the business transactions at the show is a testament to the endurance of our sectors, their positive contribution to UK and world trade as well as the significance of the show itself.

“Congratulations go to Shaun and his team at FIL for a fantastic job well done and my thanks also go to my A|D|S colleagues who have helped to make the week a very positive one.”

Shaun Ormrod, Chief Executive of FIL, said: “We thank all our guests at this year's show for attending and contributing to a successful Airshow. We hope very much to see them again in 2012. The FIL team has done a marvellous job and they deserve both my thanks and the thanks of our guests this week for ensuring such a smooth-running event. We're looking forward to welcoming around 3,000 young people today, Futures Day, plus an expected 160,000 people for the public weekend to round off what has been a tremendous week at Farnborough.”

www.farnborough.com

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