Farnborough 2012 takes off

Updated 12:37 PM ET, Wed July 11, 2012
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Virgin Boss Richard Branson announces on Wednesday that SpaceShipTwo will blast off with its first space tourists in 2013. Zvezdan Bozinovski/CNN
Flag dance ceremony to celebrate the unveiling of Qatar Airways' new Boeing 787 Dreamliner. @Farnborough/Twitter
ATR, the world's leading manufacturer of regional aircraft below 90 seats, displays their updated version of the ATR 72-600. Proving to be a success at this year's show, the manufacturer has announced 23 firm orders from customers. Zvezdan Bozinovski/CNN
Embraer showcase their private jets including the 2012 edition of the Legacy 650 which is making its debut at Farnborough. The Legacy 650 is a large three-cabin jet with a transatlantic range of 3,950 miles and primarily aimed at the executive aviation market. Zvezdan Bozinovski/CNN
The Black Eagles (modified T-50Bs), formally known as the Republic of Korea Air Force Aerobatic Team, show off their skills at Farnborough this week. They are the only Asian-developed aircraft present at the aviation event. Zvezdan Bozinovski/CNN
A U.S. Marines Bell Boeing MV-22 Osprey tiltrotor flies across the sky at Farnborough 2012. Zvezdan Bozinovski/CNN
Boeing returns to the Farnborough Airshow after a 28-year aerial absence as it presents the 787 Dreamliner in Qatar colors. Zvezdan Bozinovski/CNN
The 787 Dreamliner in Qatar colors comes in for a landing after a rare seven-minute display. Zvezdan Bozinovski/CNN
Virgin Galactic's SpaceShipTwo is featured in a static display at Farnborough this week. The aircraft is making its European debut with a few modifications. Zvezdan Bozinovski/CNN
Virgin Group founder Sir Richard Branson announced an expansion for the business' space tourism research and development on Wednesday. Zvezdan Bozinovski/CNN
The Airbus 380 in Malaysia Airlines colors lands after a spectacular aerial performance of sweeping maneuvers at the Farnborough Airshow on Monday. Ayesha Durgahee/CNN
Breitling is at the airshow in Farnborough this week with aerobatic display troupes -- the Breitling Jet Team and the Breitling Wingwalkers -- who will conduct flying displays over the heads of crowds below. Zvezdan Bozinovski/CNN
Multi-million dollar military contracts are already being announced from Farnborough despite it only being the first day. On display, both as in a static and flying display, the Eurofighter Typhoon wowed the crowds. Zvezdan Bozinovski/CNN
The RAF Red Arrows take to the skies with the last remaining flying Vulcan for a flypast to open the week's aviation festivities. Zvezdan Bozinovski/CNN