Boeing kickstarts air show with order for jets worth $4.7 billion

17 Jul 2018  2174 | World Travel News

The 'great engine game' behind new Boeing jet project. Reuters

Bengaluru (Reuters) – Boeing Co (BA.N) said yesterday it won an order for 14 freight aircraft for a value of $4.7 billion, firing the opening salvo against rival Airbus SE (AIR.PA) in a contest for business on day one of the Farnborough Airshow.

Logistics group DHL placed the order for the 777 freighters and acquired purchase rights for seven more freighters, the U.S planemaker said.

Boeing and Airbus are expected to make several announcements on the first day of the July 16-22 event, as they seek to bolster their already bulging order books.

The latest order follows Boeing’s deal with FedEx Corp (FDX.N) unit FedEx Express (FDX.N) in June for 24 medium and large freighters.

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