RENTON, Wash. -- At the Farnborough Airshow this week outside London, Boeing and several local aerospace companies hope to dazzle the crowd and come away with some big business.
Boeing has landed 75 new orders from Air Lease Corp. for the new 737 Max, but analysts say the company must have a great showing in order to regain its place in the aerospace industry.
“I think the key is for Boeing to regain the initiative,” said Michel Merluzeau, CEO of G2 Solutions in Kirkland. Merluzeau thinks Boeing needs around 300 orders for the Max to make a big splash on the international stage this year.
The Max is in direct competition with Airbus and its new A320neo which will now be built in Mobile, Ala. starting in 2015, further putting pressure on Boeing.
But it’s not just Boeing and Airbus that need to score big in Farnborough. Several local aerospace companies will be waving their flag this week at the hopes of attracting new business. Mukilteo-based Electroimpact will host a meeting with Governor Chris Gregoire at its engineering facility in Ireland.
“This is our chance to show the governor what our export market is all about,” said Ben Hempstead, project manager for Electroimpact. “Illustrating what we do is going to help the state legislature and governor shape policies to look beyond the state and see what we can do for the global market.”