Farnborough Day 2 - the orders keep coming

Both Boeing and Airbus recorded massive orders for their respective product lineups on the second day of the Farnborough Air Show south-west of London on Tuesday. According to Farnborough International, there were deals for a further US$51.4 billion in deals. More than 530 aircraft have been ordered today, bringing the total value of aircraft ordered at the Airshow so far to US$95.5bn. The Boeing tally is: Volga-Dnepr Group and CargoLogicHolding signed a package of agreements that include a letter of intent to acquire 29 Boeing 777 Freighters, confirmation of an order for five Boeing 747-8 Freighters, the purchase of a crew pairing solution, and an agreement to work together on future freighter projects. Air Lease Corporation announced orders and commitments for up to 78 Boeing aircraft, including 75 737 MAX 8s and three 787-9. Aviation Capital Group (ACG) announced an order for 20 737 MAX 8 aircraft. GE Capital Aviation Services (GECAS) announced it has reached an agreement for 35 additional 737-800 Boeing Converted Freighters READ: Boeing moving to launch 797 - an aircraft all passengers will love The Airbus tally is; Airbus has signed an agreement with an undisclosed customer for the purchase of eight A350-900s. A customer has penned a Memorandum of Understanding for 25 A321neo and 75 A320neo aircraft. The agreement for 100 additional A320neo Family aircraft adds to its existing orders for the type. International Airlines Group’s (IAG) low-cost long-haul airline, LEVEL, is expanding its fleet with two additional A330-200s, for delivery in 2019. New U.S. airline start-up announced a commitment for 60 Airbus A220-300 aircraft, with deliveries beginning in 2021. The new airline is backed up by a group of experienced investors led by David Neeleman, founder of JetBlue, an investor in TAP in Portugal and controlling shareholder in Azul airlines in Brazil.