CITY VIEWS: COULD FARNBOROUGH AIRSHOW BE A TURNING POINT FOR THE AVIATION INDUSTRY?
DARIUS AMINI | DE FACTO
“The companies aren’t going to be able to produce the planes until next year, but the sales should give the industry a little boost. I think there might be some consolidation of companies in the industry in the future, but there will always be a market for budget airlines especially on short haul routes.”
EDDIE O’CONNOR | PORTMAN TRAVEL
“I think most of the money is being spent by Middle Eastern companies, so it’s not necessarily a return to what we saw before. People will always need to travel; but in the recession they tended to travel at the back of the plane rather than the front. Budget airliners have done really well out of this.”
GRAHAM CALLAGHAN | BACS
“I think £20bn is a massive sum to invest in aircraft, though within the industry it’s probably not seen as a large amount. My flying habits haven’t changed much through the recession – if anything I’ve flown more because prices have come down. If prices go up now to fund investment the airlines might suffer.”