Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Industry sources anticipate that hosts Emirates and flyDubai will make a strong impact at the Dubai Airshow, despite concerns surrounding the travel sector's decline due to Middle East tensions.
An order for several dozen Boeing 777X jets is likely to be announced, despite the ongoing uncertainty surrounding the world's largest twin-engined jet's schedule of release, according to Reuters. Boeing has assured that the schedule remains intact, with arrival expected in 2025 after a five-year delay.
Airlines Eyeing New Jet Purchases
Emirates, the world's largest user of wide-body jets, is publicly deliberating the inclusion of the upgraded 777X model, Airbus A350, and the smaller Boeing 787 for a new fleet. Immediate adoption of the 787 model appears less likely, while flyDubai intends to order more Boeing 737 MAX narrowbody jets, reports Hype Aviation.
Behind closed doors, airlines worldwide are reportedly in negotiations to acquire around 700-800 new jets, including a significant number of the world's largest aircraft. These plans aim to address the fleet replacement requirements postponed during the pandemic.
Turkish Airlines recently emerged as a key player in discussions, with indications that it may purchase up to 355 Airbus jets. More details are expected to be announced soon, as the airline considers acquiring up to 600 planes split between Airbus and Boeing.
Industry insiders view the potential Turkish order as a bold move, intensifying competition at this renowned event. However, sources caution against premature speculation of a significant Dubai order from Riyadh Air, the region's newest player in the airline industry.
Dubai Airshow Amidst Regional Tensions
Taking place against the backdrop of the Israel-Hamas war in Gaza, the Dubai Airshow is unfolding amidst increased demands for weaponry and airspace closures. These factors have led to longer and more expensive flights for some airlines.
As the Dubai Airshow commences, uncertainties loom over the outcome of negotiations and fierce competition among Gulf groups. The show remains cautiously optimistic amidst the challenging circumstances faced by the aviation industry.
Photo: Boeing Website
