Boeing wins contract at Farnborough Airshow (PHOTOS)
The Red Arrows fly in formation alongside a Vulcan bomber (C) to officially open the Farnborough International Airshow in Hampshire, southern England, on July 9, 2012. Farnborough sees the announcement of orders for military jets but with governments slashing defence budgets to help reduce huge public deficits, major deals are set to be scarce.
Boeing announced that it won a $7.2 billion order on 75 planes from Air Lease Corp., at the Farnborough Airshow on Monday.
Sales at the airshow are expected to be subdued due to the global economic slow down.
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