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Farnborough International Air Show 2024
We’re excited to announce our participation in the highly anticipated Farnborough International Airshow in 2024, from July 22nd until July 26th. Farnborough International Air Show has long been recognised as a global platform for the aerospace and defence industries, attracting industry and supply chain professionals, trade delegations, aviation enthusiasts, and innovators from around the globe. With its rich history dating back to 1920, the biennial air show continues to serve as a hub for showcasing cutting-edge technology, fostering collaborations, and driving industry advancements.
What can we expect to see at Farnborough International Air Show 2024?
After an undeniably challenging few years, a positive outlook is projected for the aerospace sector, with the International Air Transport Association (IATA) forecasts predicting a remarkable revenue growth of 7.6%, with air travel now surpassing pre-pandemic levels. The UK Prime Minister and Defence Secretary recently announced plans to increase defence spending to 2.5% of GDP by 2030, so it is no surprise that the Joint Economic Data Hub (JEDHub) are highlighting growth in defence sector revenue.
The show’s primary focus is to spotlight the aerospace and defence sectors, with huge crowds drawn to the mesmerising high-octane aerial displays. However, the draw for business is bringing together the wealth of knowledge, experience and expertise across the supply chain to connect and collaborate. All areas of the supply chain are invited to showcase the latest technological, materials and design advancements that are revolutionising the industry.
Key themes will undoubtedly be sustainability, net-zero initiatives, advanced Urban Air Mobility (UAM), hydrogen and battery technology, and alternative fuel. Farnborough Air Show attracts around 75,000 visitors from over 102 countries, making it the perfect opportunity for leading manufacturers such as Airbus, BAE Systems, Safran, UTC, and Rolls Royce, as well as government officials, to make significant announcements, confirm orders and unveil investments in development projects. While we can only guess at what these announcements might look like for 2024, plans announced at FIA 2022 included:
- 6.7 million GBP investment for high-density aerospace solar power cells that could be used on electric aircraft, led by Microlink Devices UK
- 11.1 million GBP to develop existing automotive sector knowledge of high-power, high-torque, super low-weight electric motors and power electronics into the air mobility market
- 10 million GBP for Project HEART to explore hydrogen or electricity powered aircraft to increase sustainable regional connectivity across the UK.
The Knight Group are exhibiting at Farnborough International Airshow 2024
As key suppliers to the aerospace and defence industries, we look forward to showcasing our precision strip and wire products and processing services at this world-class event.
At our stand, 1028, located within the ADS pavilion in Hall 1, visitors will have the opportunity to explore our comprehensive range of aerospace alloys, dedicated products, and the impressive arrange of precision metal processing services offered by Knight Strip Metals Ltd, Knight Precision Wire Ltd, and our export division, Precision Metals EU. Additionally, we’re proud to feature Sterling Springs Ltd, another part of the Knight Group.
We look forward to discussing opportunities operating within the aerospace and defence supply chain and demonstrating how our tailored precision metal solutions can meet the evolving needs of the aerospace and defence sectors.
What to do next?
Mark your calendars and plan to visit us at stand 1028 in Hall 1! Let’s connect, collaborate, and innovate at Farnborough International Air Show 2024. See you there!
TL;DR:
Join us at the Farnborough International Airshow 2024, from July 22nd to July 26th, for a glimpse into the future of aerospace and defence. As a global platform for industry professionals, the airshow promises to showcase cutting-edge technology, foster collaborations, and drive advancements. Expect to see significant announcements and investments, with key themes including sustainability, urban air mobility, and alternative fuels. Visit our stand, 1028 in the ADS Pavillion within Hall 1, to explore our precision strip and wire products and processing services.
Citations:
- “Driving Insights, Innovations, and Thought Leadership: The Farnborough Airshow.” Airside. Accessed 2/5/2024
- “JEDHub Reports on Growth of Defence’s Contribution to UK Economy.” ADS Advance. Published 30/4/2024, Accessed 2/5/2024
- “PM Announces Turning Point in European Security as UK Set to Increase Defence Spending to 2.5% by 2030.” Published 24/5/2024, Accessed 2/5/2024
- “UK Government Commits to Aerospace Innovations at Farnborough Airshow.” Future Transport News. Accessed 2/5/2024
- International Air Transport Association. “Global Airline Industry Revenue Forecast to Reach $964 Billion in 2022.” Forbes, Accessed 2/5/2024