Boeing, Qatar Airways finalise order for 5 B777Fs | Aviation

UK seeks to allay Brexit fears at Farnborough air show

UK seeks to allay Brexit fears at Farnborough air show

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. "We could not have achieved this success without our resilient relationship with Boeing".

Asked if European rival Airbus might benefit from the tensions, he said "it's a concern we have", although there are unlikely to be any sudden shifts in the order backlog or delivery pattern.

The US manufacturer got things going with a US$4.7 billion order for 14 Boeing 777 Freighters and purchase rights for an additional seven.

General Electric isn't sure demand for Boeing's planned mid-range aircraft, nicknamed the 797, would justify developing a new engine.

Flanked by many of Boeing's top executives as the company prepares to play up innovation at the July 16-22 air show, Muilenburg said he saw a future for supersonic and hypersonic technology but that it was too early to talk about the timing.

The U.S. industrial conglomerate needs to do further work on the proposals, especially since Boeing has yet to decide whether to recruit an exclusive turbine provider or involve two competing suppliers, GE Aviation chief David Joyce said Monday at the Farnborough air show.

Theresa May is pleasing no one with her Brexit balancing act
Whatever the proposal on the table, there will be MPs who vote it down. The UK is set to leave the European Union at the end of March 2019.

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. "But we will do so in a way that is good for business and good for our future prosperity".

The quintessentially English atmosphere of the Royal International Air Tattoo, where straw-hatted VIPs watch fighters thunder over picturesque Cotswolds villages, gives way on Monday to the Farnborough Airshow, where the hard-nose business deals in the US$800 billion aerospace and defence sector will be done.

Also, Boeing finalized a Qatar Airways order for five 777 Freighters, first announced as a commitment in April.

Airbus also confirmed that China's Sichuan Airlines has ordered 10 A350-900s for its long haul worldwide routes. The biggest of those were a MOU for 80 of the jets by an "undisclosed" aircraft lessor and a "letter of intent" by India's Vistara for 50.

Global air freight demand grew by almost ten percent previous year with demand growth outpacing capacity growth by a factor of three.

Africa's biggest airline had been looking at Bombardier's C Series aircraft - since taken over by Airbus SE and renamed the A220 - together with Embraer's E195. "It is also US manufacturing jobs and it is creating economic growth in the USA", he said.

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