July 22 (Reuters) - Aerospace leaders are meeting at the

Farnborough Airshow in southern England this week amid rising

geopolitical tensions and supply chain challenges.

Following are highlights of Reuters' coverage of the event.

LATEST NEWS

* Aviation leaders are meeting at a summit outside London on

Monday as the industry struggles with supply chain disruptions,

aircraft delays and floundering plans to reduce emissions.

* Boeing ( BA ) is seeing a significant improvement in production flow

at its 737 MAX factory, its new commercial planes chief said on

Sunday, as the U.S. planemaker battles a safety crisis.

* Airbus is looking at opportunities to create scale in defence,

space and particularly satellites markets, CEO Guillaume Faury

said on Sunday.

* There are some signs of a decline in airline yields but this

is not yet affecting demand for new aircraft, Airbus's

planemaking chief Christian Scherer said on Sunday.

* Boeing's ( BA ) commercial airplane chief said the planemaker has

settled on the design to address an engine anti-ice system that

has significantly delayed certification of the 737 MAX 7 and

suggested a fix could be completed by next year.

* The head of Boeing's ( BA ) defense unit said Sunday the planemaker

is still "fighting through challenges" in building two delayed

U.S. presidential aircraft known as Air Force One.

COMMERCIAL PLANE DEALS

* Airbus is nearing a deal to sell about 30 A330neo jets to

Saudi budget carrier Flynas, industry sources said on Sunday.

* Virgin Atlantic is close to placing a top-up order for an

unspecified number of Airbus A330neo jets, industry sources told

Reuters on Sunday.

(Compiled by Mark Potter)