Delta to announce deal for 100 Boeing Max 10 planes
Boeing will seek to shore up its troubled 737 Max10 and 777X jets with orders officially worth over $15b from Delta and Lufthansa this week, as the aerospace industry swelters at its largest event since Covid-19. Industry sources said the planemaker, struggling to maintain its duopoly with Europe’s Airbus, would strike early at the Farnborough Airshow, which opens on Monday, after months of talks to sell its largest single-aisle jet to Delta. Reuters first reported in March Delta was discussing an order for 100 Max 10 planes, and reported last week the airline was also in talks to order around 12 more Airbus A220s in a deal likely be announced on Tuesday. Lufthansa is likely to firm up a deal for around 10 large Boeing freighters, including seven of the recently launched cargo version of the 777X, sources said. None of the parties commented ahead of the show, which is going ahead despite an emergency UK weather warning and restricted rail access caused by record forecast temperatures. As Britain melts, aerospace firms will do their best to show civil demand is intact after the worst downturn in their history. Rising defense spending will also be in focus as the industry gathers under the shadow of war in Ukraine. Boeing unveiled broadly stable civil airplane forecasts on Sunday. Even so, many of the deals will be provisional ones or formal signings of business already in the works, and virtually all will be packaged as contributions to lower emissions in support of a common goal of net zero by 2050, delegates said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2022-07-18/sky/delta-to-announce-deal-for-100-boeing-max-10-planes
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Delta to announce deal for 100 Boeing Max 10 planes
Boeing will seek to shore up its troubled 737 Max10 and 777X jets with orders officially worth over $15b from Delta and Lufthansa this week, as the aerospace industry swelters at its largest event since Covid-19. Industry sources said the planemaker, struggling to maintain its duopoly with Europe’s Airbus, would strike early at the Farnborough Airshow, which opens on Monday, after months of talks to sell its largest single-aisle jet to Delta. Reuters first reported in March Delta was discussing an order for 100 Max 10 planes, and reported last week the airline was also in talks to order around 12 more Airbus A220s in a deal likely be announced on Tuesday. Lufthansa is likely to firm up a deal for around 10 large Boeing freighters, including seven of the recently launched cargo version of the 777X, sources said. None of the parties commented ahead of the show, which is going ahead despite an emergency UK weather warning and restricted rail access caused by record forecast temperatures. As Britain melts, aerospace firms will do their best to show civil demand is intact after the worst downturn in their history. Rising defense spending will also be in focus as the industry gathers under the shadow of war in Ukraine. Boeing unveiled broadly stable civil airplane forecasts on Sunday. Even so, many of the deals will be provisional ones or formal signings of business already in the works, and virtually all will be packaged as contributions to lower emissions in support of a common goal of net zero by 2050, delegates said.<br/>