Published: Wed, July 18, 2018
Markets | By Noel Gibbs

Airbus strikes deals in China, India amid Brexit concerns

Airbus strikes deals in China, India amid Brexit concerns

Even so, Boeing lowered its wide-body delivery forecast by 140 aircraft to 8,070, saying higher deliveries over the previous year and longer-range single-aisle planes ate into the rolling forecast.

Boeing is working on the 797, a so-called New Mid-market Aircraft or NMA, as it seeks a successor to its 757 and 767 models and a means of halting the success of Airbus SE in edging into the niche with its popular A321neo.

When the sun set Monday, Boeing had taken firm orders for 198 new passenger jets.

On Tuesday, Russian airline Volga Dnepr committed to buying Boeing freight aircraft worth $11.8bn at list prices, while Airbus announced a provisional deal with an unnamed customer for 100 of its A320 jets. The deal, if confirmed, would be worth USD$8.85 billion at A320neo list prices.

After Prime Minister Theresa May unveiled more conciliatory proposals last week for Britain to retain strong trading ties with the European Union after Brexit, Enders however said that the government was now "going in the right direction". 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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"We continue to see a resurgence in the air cargo market and we are confident that Boeing's industry-leading freighter family is well positioned to meet our customers' requirements".

DHL Express, an global 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.

Leontidis said: "We are pleased to be Qatar Airways' training partner of choice and to support our airline partner's growth and training needs for its new Boeing 777X and 737 MAX fleet".

The two giants will add to record orders for benchmark narrowbody jets, whose waiting lists underpin their near-record share prices, while seeking a recovery in sales of bigger jets.

Brazilian manufacturer Embraer was also signing orders today when it finalised a deal to supply United Airlines with 25 E175 regional jets. Sichuan Airlines Corp. will purchase 10 of the widebody planes.

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Several Paris Metro stations were temporarily adjusting their names to honor the team and its members, the transport authority tweeted.

Airbus is seeking to jump-start the order book for its newly acquired C Series small jetliner, now renamed the A220, which it sells in a joint venture with Canada's Bombardier Aerospace.

"We have made a decision 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.

The prime minister will also say that her Brexit plan will secure millions of aviation jobs in Britain.

Taiwan's Starlux Airlines, which is developing a network across Asia and North America, said it had signed a memorandum of understanding for the purchase of 17 Airbus planes - 12 A350-1000s and five A350-900s.

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