US EditionUK to announce $10 billion Boeing purchase, US commerce secretary says
- The United Kingdom announced a $10 billion purchase of Boeing aircraft on May 8, 2025, during a US-UK bilateral trade deal.
- The order follows ongoing recovery in the aviation sector and aims to strengthen transatlantic trade amid Boeing's existing $12 billion UK backlog.
- Industry sources indicate the deal likely involves about 30 Boeing 787 Dreamliners for British Airways, emphasizing widebody aircraft amidst tariff reductions.
- Following the announcement, Boeing's shares rose over 4%, hitting $193.39, driven by optimism for expanding global orders and tariff-free engine imports.
- The purchase highlights Boeing's strategic push to bolster its international market and US-UK aerospace ties while navigating trade challenges from China tariffs.
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United States could also allow aeronautical products to enter without customs duty under a trade agreement British airline to announce full order
·France
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Lutnick Says a U.K. Airline Will Buy $10 Billion Worth of Boeing Jets
Commerce Secretary Howard Lutnick said a British airline, which he didn't name, would announce later it is buying $10 billion worth of Boeing planes. The U.S. agreed to allow Rolls-Royce jet engines and parts to be imported tariff free, he said. Boeing shares rose 3% in U.S. morning trading.
·New York, United States
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UK to announce $10 billion Boeing purchase, US commerce secretary says
The United Kingdom will purchase $10 billion of Boeing planes, U.S. Commerce Secretary Howard Lutnick said at the White House on Thursday during the announcement of a bilateral trade deal between the UK and the United States, though the details were unclear.
·United Kingdom
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Total News Sources13
Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 22%
C 67%
11%
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