Luca Iaconi-Stewart says he's “a crazy guy who loves aviation.” That might be an understatement. The 25-year-old spent the last nine years in his parents' house building an exquisitely precise replica of an Air India Boeing 777 jet made entirely from cut-up paper folders.
CFM entered the show with orders and commitments for more than 10,800 next-generation LEAP jet engines, valued at $151 billion (U.S. list price), and the company won deals for at least 393 more. The company sold 565 engines valued at $8.2 billion. The tally includes its CFM56 engines and also business from undisclosed customers.
The Middle East is quickly becoming a new global aviation hub with big plans for the future. Nowhere are those plans better visible than at giant airshows like the one in Farnborough, UK, which finished this week. Emirates and Qatar Airlines, for example, finalized multi-billion orders for Boeing’s next-generation 777X long-haul planes, building on a momentum from last year’s Dubai airshow.