Farnborough 2018: DHL places $4.7 billion 777 order with Boeing

A Boeing 787 puts on a display at the Farnborough Air Show in Farnborough Britain

The contract signing ceremony between al-Baker and Nick Leontidis, CAE Group President, Civil Aviation Training Solutions, is a testament to the airline's commitment to innovation and safety, a statement from the airline said. Not all these orders are new or firm.

Tewolde also said there's no prospect of an order for the Airbus A350-1000 wide-body or Boeing's rival 777X at the Farnborough expo, with Ethiopian still evaluating the two planes for its latest long-haul requirements. The operative word there is "eventually". DHL said the first four 777Fs from the order would be delivered in 2019. The order for 25 E-175 regional jets is a solid win for the joint-venture-to-be. The CRJs are manufactured by Bombardier, which just closed its deal with Airbus under which the larger company has taken over the Canadian firm's CSeries program and recently renamed the two aircraft the A220-100 and the A220-300.

Boeing and Qatar Airways finalised an order for five 777 freighters at the 2018 Farnborough International Airshow.

The week is expected to confirm demand for narrowbody jets from airlines such as Mexico's VivaAerobus, which is shopping for some 40 Airbuses, or lessors like Goshawk and Jackson Square, both seen interested in jets in the Boeing 737 MAX category.

At current a current list price of $339.2 million per copy, the DHL deal is valued at around $5.1 billion and includes options on seven additional planes. The announcement was attended by Qatar's minister of finance and Qatar Airways, chairman, His Excellency Ali Shareef Al Emadi. This order had been on Boeing's order book as an unidentified buyer.

The largest manufacturer of jet engines, CFM International Inc, has a message for Airbus and Boeing executives who are mulling a boost in production of their narrow-body aircraft next decade: "not so fast".

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Despite production hiccups, Airbus is pushing its engine makers to speed output so it can eventually deliver more than 70 A320s a month from about 50 now. It noted it will make pre-payments toward the order totaling €200 million ($234 million) this year.

StarLux Airlines, based in Taiwan, has announced intent for 18 A350 aircraft, including five A350-900s and 13 A350-1000s.

He announced 2 billion pounds ($2.7 billion) of funding for the project to 2025 and said he was looking for other countries to join, with a senior Royal Air Force official saying Sweden was the most likely partner.

Kuwaiti carrier Golden Falcon Aviation confirmed an order for 23 A320neo aircraft.

Even so, Boeing lowered its wide-body delivery forecast by 140 aircraft to 8,070, saying higher deliveries over the previous year and longer-range single-aisle planes ate into the rolling forecast.

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