Market

Boeing says in advanced talks to sell 777X freighters By Reuters



© Reuters. FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo

DUBAI (Reuters) -Boeing is in advanced discussions to sell a proposed new freighter version of its 777X passenger plane, a top executive said on Saturday.

The U.S. planemaker is poised to launch what would be the world’s largest twin-engined freight plane as European rival Airbus seeks buyers for an A350 cargo version.

Boeing (NYSE:) is also sticking to plans to deliver its delayed 777X passenger version in 2023, Ihssane Mounir, senior vice president of commercial sales and marketing, said.

Speaking at a news conference on the eve of the Dubai Airshow, Mounir said a recovery in commercial flying had achieved a “strong foothold” after COVID-19 lockdowns.

Qatar Airways has said publicly it is in negotiations with Boeing on the possible purchase of a 777X freighter, while FedEx (NYSE:) is widely seen as another potential early buyer.

Freighter traffic has increased as passenger planes that typically carry about half of airborne goods were grounded by the pandemic.

Boeing is meanwhile “getting close” to resuming deliveries of its 787 Dreamliner after suspending them to deal with production flaws, Mounir said, while stressing the schedule depended on ongoing talks with regulators.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

close