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Boeing scores opening win with Farnborough orders

17 July 2018

Golden Falcon Aviation confirmed an order for 25 Airbus A320neo family aircraft, worth USD$2.7 billion at list prices, in a conversion from an MoU signed at last year's Dubai Airshow.

Tewolde also said there's no prospect of an order for the Airbus A350-1000 wide-body or Boeing's rival 777X at the Farnborough expo, with Ethiopian still evaluating the two planes for its latest long-haul requirements.

DHL Express, an worldwide courier division of leading German logistics firm DHL, has agreed a deal with USA aerospace giant Boeing to purchase 14 of its 777 Freighters for a price of $4.7bn. Going into Farnborough, the plane maker was trying to iron out the last hurdles to a 60-jet order from David Neeleman, founder of JetBlue Airways, and a group of investors who are trying to start a new U.S. low-priced airline. Farnborough, which alternates with the Paris air show, is also a showcase for new technology and ideas, from flying taxis to space flight.

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Air travel has been on a sharp uptrend fueled by emerging economies, and China looks set to overtake the United States as the world's biggest domestic air travel market in 10-15 years, Boeing's vice president of commercial marketing Randy Tinseth told a press briefing.

Jet Airways confirmed an order for an additional 75 737 MAX 8s.

"Even if it sneaks a little bit north of 50,000 thrust, we would still consider it to be in the spirit of the JV", he said.

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Boeing Commercial Airplanes CEO, Kevin McAllister (left), and Qatar Airways CEO, Akbar Al Baker, display commemorative contracts as they announce the purchase of planes for Qatar Airways' cargo unit at the Farnborough Airshow near London, on July 16, 2018.

Boeing's latest order will double the size of DHL's global 777 fleet, the companies said.

Airbus also confirmed that China's Sichuan Airlines has ordered 10 A350-900s for its long haul global routes. Asian buyers like Jet and Taiwanese startup StarLux Airlines led yesterday's action.

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Air freight demand is expected to increase 4 percent this year, according to the International Air Transport Association (IATA).

Airbus is seeking to jump-start the order book for its newly acquired C Series small jetliner, now dubbed the A220.

"We have chose to suspend the evaluation of the 100-seater regional aircraft acquisition project, since the market size of the selected regional routes is growing faster than we expected", he said. "It is also US manufacturing jobs and it is creating economic growth in the USA", he said.

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Boeing scores opening win with Farnborough orders