Boeing aircraft will be conspicuous by their near-total absence from the show, but the American OEM is expected to walk away from the upcoming Farnborough Airshow with a major order.
According to Reuters., Boeing is close to signing an order with Korean Air for up to 30 Boeing 777X aircraft and announce it at the Show. The deal is reported to be worth about US$4-6 billion.
It may be recalled that South Korea’s largest carrier had in March placed an order of 33 A350 jets from Airbus in March. Shortely after the order, there were reports that the carrier was also discussing a new Boeing order focused on the 777X, an upgrade of the 777 mini-jumbo.
Korean Air plans to purchase nearly two-thirds of domestic rival Asiana for about $1.4 billion. The European Union approved the tie-up earlier this year and U.S. approval is expected by the end of October.
The 777-9, which first flew in January 2020, is now in the certification phase. Boeing has nearly 500 orders for its 777X program.
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The U.S. military has awarded SRC, Inc. a contract worth USD 25 million to develop the Long-Range Radar, a large…
Australia’s largest international air combat training exercise, Exercise Pitch Black, is set to take place from 12 July to 2…
The Spanish space launcher company, PLD Space, has secured a EUR31.2 million syndicated loan with Banco Santander, EBN Banco, and…
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IFS, a Sweden-based provider of cloud and industrial AI software, has announced the acquisition of EmpowerMX - an AI-powered aviation…
The Indonesian Navy (TNI AL) launched two new Dorang-class patrol vessels in Serang, Banten province, on Friday (Jul. 12). Constructed…
Vietjet, in partnership with the Ministry of Public Works and Transport of Laos, has announced a new agreement aimed at…
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Saudi Arabia has ordered four additional Airbus A330 Multi Role Tanker Transport (MRTT) aircraft for the Royal Saudi Arabia Air…
Embraer's brand-new E-Freighter, the E190F, will make its first public appearance at the Farnborough International Airshow that will take place…
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SITA has reported a record revenue of nearly US$ 1.5 billion for 2023, marking a 7% increase from the previous…
ASELSAN achieved a significant milestone in its space research and satellite payload development with the successful launch of the TURKSAT-6A…
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Indonesia is set to deploy missiles around strategic choke points along its sea lanes, as announced by the Acting Secretary…
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Commtact Ltd., a provider of advanced wireless communication solutions for defence, security forces, and robotic platforms, has been awarded a…
Garuda Indonesia (GIA) and Singapore Airlines (SIA) received the green light from the Competition and Consumer Commission of Singapore (CCCS)…
Philippine Airlines (PAL) reopened its Clark - Basco route on Tuesday (Jul. 2). The event was attended by airline officials…
Airbus is bringing a wide range of its aircraft to the upcoming Farnborough International Airshow but Boeing aircraft will be…
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