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There is no doubt that the NEO stole the spotlight at last year's Paris air show.

The Russian fleet of commercial helicopters is still a Soviet legacy, consisting mostly of outdated and aging models. Russian models will most likely continue to dominate the heavy-class category, but foreign rotorcraft manufacturers will gain market share with lighter models.

Can Boeing dominate this year's Farnborough International Airshow?

Consolidation in the aerospace and defense supply chain can be big news when it involves publicly traded companies as prominent as United Technologies and Goodrich.

As Gulf carriers continue to grow rapidly, so does their influence.

As international pressure mounts against Europe's attempt to make airlines pay for emissions, progress is being made on a global plan that offers the best hope of preventing a political standoff from turning into a full-blown trade war. The inclusion in the European Union's emissions trading system (ETS) of non-European carriers that operate in the region has raised the ire of governments around the world. And as the first deadline to buy emissions credits draws closer, Europe's refusal to back down is giving all parties less room to maneuver.

Low-cost carriers and charter operators in Central Europe face stiff competition, among themselves and from state carriers that “run on an emotional basis and are treated like they will go on forever,” says Sandor Szomora, deputy chief executive of Lufthansa Technik Budapest. Szomora, who worked for a Malev Hungarian Airlines joint venture before joining LHT, says these state carriers often are “not nimble or adaptive.”