Farnborough International Airshow, this year’s largest showcase of commercial and military aerospace technology, has been canceled due to ongoing health concerns stemming from the coronavirus pandemic.
The cancellation of the event, which was slated to take place July 20-24 at Farnborough Airport in England, has broad economic implications for the aerospace industry. Farnborough Airshow is often a venue for major deals, with airlines announcing large buys of commercial aircraft during the show. While big defense contracts are sometimes also announced, the show provides a venue for industry to interface with U.S. and international military officials, paving the way for sales. Read More…