Farnborough air show flies into Brexit storm

CTV News
Article
06/18/2016

The Farnborough air show opens Monday in the face of turbulence from Britain's shock decision to exit the European Union. The event held every two years southwest of London traditionally features a battle between US titan Boeing and Europe's Airbus for supremacy on
the order books.

Organisers know there is little chance to beat the record $201 billion (181 billion euros) of business both firm airplane orders and commitments clinched in 2014, with the industry beset by major production backlogs.
Ahead of the meeting, some airlines have posted profit warnings linked to expected fallout from Brexit.