DHL Express to buy 14 Boeing 777 Freighters

Roman Schwartz
July 18, 2018

Farnborough, which alternates with the Paris air show, is also a showcase for new technology and ideas, from flying taxis to space flight.

The biggest potential order came from an unnamed aircraft lessor who signed a Memorandum of Understanding for 80 A320neo family aircraft. Asian buyers like Jet and Taiwanese startup StarLux Airlines led yesterday's action. Two of the planes were eventually sold to the US government at bargain prices and are destined to become the new Air Force One fleet in 2024.

Boeing has been sharp out of the gates in its fight for orders at Farnborough.

"This is a strong statement of intent that will help build confidence and encourage investment as we look to make sure the United Kingdom benefits from sustained global growth in this high value manufacturing industry", he said. One big thing: A trade war.

Which is why today, May gets to go to the biggest aerospace event in the world, called the Farnborough Airshow, and talk about Britain's plan to open new spaceports in Cornwall and Scotland, and build a new British high-tech fighter aircraft to replace the Eurofighter Typhoon.

'But this year fears about the future after Brexit are looming, and for many people will dominate gossip in the plush chalets and meeting rooms.

Her comments were welcomed by Paul Everitt, chief executive of the industry body ADS. Of particular interest to US readers could be a new order from an expected start-up carrier to be launched by JetBlue founder Dave Neelemam.

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Boeing saw a small increase in demand in the cargo market, a barometer of trade and business confidence, forecasting 980 new freighters from a projected 920 a year ago, fuelled by the growth of e-commerce, particularly in China.

The result should be a fierce contest for sales in the 100-150-seat sector even before Boeing closes its Embraer deal. If confirmed, an order would be worth a shade under USD$6 billion. But could there be a hitch?

"But business was brisk on the first day of the July 16-22 air show, though analysts will be watching closely to see how numerous deals are new, and how many involve adjusting earlier business or switching models - something not always easy to spot at first".

Featuring the widest single aisle cabin in the sky, the efficient A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver more than 15 percent fuel and Carbon dioxide savings from day one and 20 percent by 2020 as well as 50 percent noise reduction. A purchase of more of the USA company's current-generation 777s or the 787 Dreamliner remains an alternative, he said.

Previous year was the best for cargo since 2010, with traffic growth more than doubling to 9 percent, three times the growth in capacity.

"We are delighted to use the platform of the airshow to meet with our friends from Boeing to finalise the commitment we made to purchasing five 777 Freighters earlier this year".

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