“Farnborough 2018 International Airshow: Impressions & Opinions”
San Fernando Valley Chapter meeting on August 21
Meeting Location: City National Bank
15260 Ventura Blvd., 16th floor, Sherman Oaks, CA 91403
Meeting Date: August 21
Meeting Time: Doors open at 7am, Meeting 7:30-9:00am
Farnborough 2018 is the first major industry event since Airbus and Boeing shook up the industry by agreeing to absorb key commercial programs of smaller rivals Canada’s Bombardier and Brazil’s Embraer as they prepare for future competition from China.
The changing dynamics in the industry, including many recent M&A/consolidation deals, was the leading topic at the show, but not the only one. Higher oil prices, rising interest rates, global trade tensions and uncertainty over Brexit all raised concerns that demand for new aircraft would slow, but that was not the case.
Other major topics at Farnborough this year, besides record aircraft orders, included a market study on value of the global aerospace & defense market, releases of several OEM market studies, the implications / concerns caused by recent harsh US political rhetoric and tariffs, the potential of aftermarket services, and the future of European military plans.
But the real questions are, “Why go to the one of the largest Air Show’s in the world?” What can you get out of an Air Show that helps your business? Is the cost of attending worth the expense? What does this all mean for the A&D industry?
Please join us in Sherman Oaks, CA, on Tuesday, August 21, 7:30–9:00am, when David Conrad, Director Business Development, PTI Technologies, who attended Farnborough 2018 and many past shows, will address these and other questions.
The meeting is free for members and $30 Early Bird for non-members until August 14 ($40 thereafter). Guests may attend twice for free. For more information and to register to attend the meeting go to http://adfsfvaug18.eventbrite.com.
Information about joining The A&D Forum is at https://aerospacedefenseforum.org.
The San Fernando Valley chapter of The Aerospace & Defense Forum is sponsored by City National Bank and InVista Associates.
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