UK to Boost Fleet with $10 Billion Boeing Deal

The United Kingdom plans to acquire $10 billion in Boeing aircraft as part of a new bilateral trade deal announced at the White House by U.S. Commerce Secretary Howard Lutnick. The purchase is private-sector driven, with the airline expected to make its own announcement soon.

The United Kingdom is set to make a substantial investment in its aviation sector, revealing plans to purchase $10 billion worth of Boeing planes. The announcement came as part of a bilateral trade agreement unveiled at the White House.

U.S. Commerce Secretary Howard Lutnick shared the news on Thursday, highlighting the significance of the deal in strengthening economic ties between the UK and the United States.

While Lutnick refrained from providing further details, he noted that this acquisition is a private-sector transaction. The specific airline involved is expected to release its own statement about the purchase soon.

(With inputs from agencies.)