Airbus near deal to sell A350s to Taiwan’s StarLux


Airbus near deal to sell A350s to Taiwan’s StarLux

UK seeks to allay Brexit fears at Farnborough air show

UK seeks to allay Brexit fears at Farnborough air show

Business leaders in Wichita's aviation industry, along with state and city economic development officials, will be in England this week for the Farborough International Airshow.

If confirmed, a deal for 14 A350s would be worth about $4 billion at list prices.

The 2018 Farnborough Airshow runs from July 16 to July 22.

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 planned airline has selected the Airbus A320neo family to start medium-haul operations, and was reported earlier this year to be looking at 14 larger wide-body Airbus or Boeing (BA.N) jets.

Aircraft makers at this week's Farnborough International Airshow, a biennial extravaganza where billions of dollars of planes and parts are bought, say thousands of jobs are at risk in this most international of industries as U.S. President Donald Trump threatens to raise tariffs on a variety of goods and other countries prepare to retaliate.

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.

Boeing's forecasts underscored the sector's reliance on emerging markets in general and China in particular, making the USA planemaker especially vulnerable should trade tensions between Washington and Beijing escalate into a full trade war.

Boeing's latest global industry report predicts airlines will need 42,700 aircraft over the next 20 years, up 3% on last year's forecast. Flydubai, a low-priced carrier based in the United Arab Emirates, ordered 175 Boeing 737 Max aircraft in December, the company's single biggest order of the year.

In a speech officially opening the 2018 Farnborough International Airshow, she will tell an audience of aviation industry executives and United Kingdom business leaders that she wants to build on Britain's global reputation and make the most of future opportunities.

One big thing: A trade war. Chinese companies, including the China Development Bank Financial Leasing Co. and China Aircraft Leasing Group, ordered 120 Boeing planes a year ago.

According to Boeing, global air freight demand grew nearly 10% during 2017.

Airbus may have saved up some orders to announce at Farnborough in order to give the new sales chief something to crow about. The aircraft type has proven to be the most reliable large freighter connecting the major markets across the globe, bolstering service quality for DHL's express customers. The aircraft is aimed at a market for a twin-aisle plane with capacity for 220 to 270 passengers and a range of up to 5,000 nautical miles.

Boeing trimmed its forecast for the regional jet fleet to 2,320 deliveries.

A decision from Boeing regarding the NMA (797) is not expected until next year.

With the industry giants moving onto its turf, Japan's big hope for the regional jet market, the Mitsubishi Regional Jet (MRJ), was dealt a setback on Tuesday when it had to cancel a demo flight after the jet was hit by a truck.