Worries over Brexit and a trade war seemingly not affecting demand for jets
Farnborough — Airbus and Boeing announced more than $10bn of combined deals in the opening hours of the Farnborough Airshow on Monday, suggesting demand for new jets remained in rude health despite worries over trade tensions and Brexit. Even before the first displays had taken to the skies over a sun-baked southern England, US aircraft maker Boeing said delivery firm DHL had placed a $4.7bn order for 14,777 freighters, and purchase rights for seven additional freighters. It followed that up with a $3.5bn deal for 30 of its hot-selling, single-aisle 30 737 MAX 8 aircraft, with US aircraft leasing firm Jackson Square Aviation. Meanwhile, Airbus announced a memorandum of understanding for Taiwanese start-up StarLux Airlines to buy 17 of its A350 wide-body aircraft worth about $6bn at list prices. The order contest is expected to stretch for the days of the July 16-22 air show, although analysts will be watching closely to see how many of the deals are new, and how many involve adjusti...
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