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July 18, 2022, 5:24 a.m. EDT

Boeing, Airbus face off at Farnborough International Air Show

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By Andrew Tangel, Benjamin Katz

LONDON—Boeing Co. /zigman2/quotes/208579720/composite BA +2.03% and Airbus SE /zigman2/quotes/208224336/delayed FR:AIR +0.02% sales staff will hit the tarmac at the Farnborough International Air Show, the first of the biggest commercial aviation shows since the pandemic largely shut down air travel.

With most Covid-19 travel restrictions lifted in the West, demand for flights has soared this summer, snarling airports, especially in Europe. Airlines have scrambled to rehire staff they let go during the pandemic. They are also buying jets again, after many canceled or put off orders over the last two years.

It is a greatly changed aviation landscape in other ways from 2018, the last time the industry gathered at Farnborough, near London. The show is held once every two years, alternating with the Paris Air Show, last held in 2019. Both venues canceled their shows earlier in the pandemic.

Boeing goes to Farnborough amid various challenges—including lingering regulatory issues with its 737 MAX jet. The model was a hot seller at the last Farnborough show, but was subsequently grounded for nearly two years, following fatal crashes in 2018 and 2019.

An expanded version of this story is available at WSJ.com

/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 178.88
+3.56 +2.03%
Volume: 6.78M
Nov. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$104.49 billion
Rev. per Employee
$432,535
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/zigman2/quotes/208224336/delayed
FR : France: Euronext Paris
109.20
+0.02 +0.02%
Volume: 1.93M
Nov. 30, 2022 5:36p
P/E Ratio
20.72
Dividend Yield
1.37%
Market Cap
€85.97 billion
Rev. per Employee
€412,261
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