UK Seeks To Allay Brexit Fears At Farnborough Air Show

UK seeks to allay Brexit fears at Farnborough air show

Britain sought to project an image of aerospace prowess long after it leaves the European Union, at the Farnborough airshow on Monday, as Airbus and Boeing announced a raft of deals and issued optimistic outlooks for the global industry.

Farnborough, United Kingdom, (APP - UrduPoint / Pakistan Point News - 16th Jul, 2018 ) :Britain sought to project an image of aerospace prowess long after it leaves the European Union, at the Farnborough airshow on Monday, as Airbus and Boeing announced a raft of deals and issued optimistic outlooks for the global industry.

China's Sichuan Airlines said it will be buying 10 A350 long-haul planes with a list price of $2.8 billion, while India's Vistara signed a letter of intent to purchase 13 single-aisle A320neo aircraft.

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.

The Airbus deals announced at Farnborough, southwest of London, would add up to more than $17 billion at catalogue price for the planes if all orders are confirmed and prior to large discounts traditionally handed to purchasers.

Airbus's US rival Boeing also announced a series of impressive deals including 14 777s to DHL for $4.7 billion, 30 737 MAX for Jackson Square Aviation for $3.5 billion.