Day 2 at the Farnborough Airshow

研报英文原文证据摘录

Day 2 at the Farnborough Airshow

Update

July 22, 2026 04:01 AM GMT

Morgan Stanley & Co. LLCMAerospace | North America Kristine T Liwag

Equity Analyst

Day 2 at the Farnborough Kristine.Liwag@morganstanley.comJason T Holcomb +1 212 761-2980

Research Associate

Jason.Holcomb@morganstanley.com +1 212 761-5592

Airshow Justin M Lang

Justin.Lang@morganstanley.com +1 212 761-6251

We continue to report out from the Farnborough International Gabrielle Knafelman

Airshow (UK). We highlight our Day 2 key themes and ResearchGaby.Knafelman@morganstanley.comAssociate +1 212 761-4838

commercial aircraft orders. Shaina C Zuber

Capping Day 2 Shaina.Zuber@morganstanley.com +1 212 761-6353

Aerospace

Day 2 at the Farnborough Airshow is a wrap. The day’s discussions reinforced the

North America

same messages we heard during Day 1: demand across commercial aerospace and Industry View Attractive

defense remains robust, differentiated suppliers continue to exercise pricing power,

and the pace of industry growth is still being determined more by supply chain

capacity than by end-market demand. At the same time, Day 2 expanded the

conversation from the strength of the current cycle to the technologies that could

shape the next one. It was a jam-packed schedule during Day 2; meetings included

CAE, Beta Technologies, Hexcel JetZero, Loar Holdings, Crane Co, and GE Aerospace.

Below we summarize our key takeaways from the event and our meetings with

management teams.

Day 2 Orders: Boeing Leads the Airshow Order Count

By our count, Boeing received 23 firm orders, Embraer received 45 firm orders, and

Airbus did not receive any firm orders on Day 2 of the Airshow. At the end of Day 2,

Boeing leads the order count with 123 firm orders, while Airbus has 100 firm orders

and Embraer has 45 firm orders.