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.
Lutnick indicated the deal was a private-sector purchase, saying he would let the airline making it announce the details. The White House's graphic with the broad terms of the deal referred to $10 billion in "aircraft parts" purchases, without further details.
Virgin, which operates Boeing planes, said they were not involved in a deal. British Airways, which operates several Boeing widebody jets within its fleet, was not immediately available for comment.
Boeing shares rose on the news, and were up around 3.1% in midday trading.