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Airlines are still willing to bet on Boeing, and the biggest aviation show of the year proves it

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Airlines are still willing to bet on Boeing, and the biggest aviation show of the year proves it
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Airlines are still placing orders with Boeing, and the Farnborough Airshow has underscored that confidence during CEO Kelly Ortberg’s recovery push. Ortberg appeared prominently at the event, including sitting in a front row for an order signing and speaking at a media reception as part of a more hands-on style since he took over two years ago. Industry consultant Augusto Viansson Ponte said the volume of Boeing orders is a positive sign, suggesting operators believe Boeing will resolve earlier safety, quality and delivery problems. Boeing beat Airbus in Farnborough orders—173 aircraft versus 154. Boeing’s bid also follows a quieter Paris showing last year. Still, Boeing posted a $428 million second-quarter loss amid a $280 million charge tied to the Air Force One replacement program.

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