July 25 (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

* Low-cost Saudi airline flynas signs a memorandum of

understanding for 75 Airbus A320neos and 15 A330-900s.

* A UK initiative to promote green jet fuel will need to be

taken up around the world - and built on - if the technology is

to have any chance of delivering its promise of radically

cleaner flying.

* Defence firms are confident Western governments will continue

to increase spending on weapons to counter Russia and China.

* A U.S. move to slash restrictions on transferring military

gear and technology with Britain and Australia will bolster the

AUKUS security alliance between the three countries.

* A Donald Trump presidency would benefit the U.S. defense

industry, Heico Corp's co-president said.

* Europe's satellite sector needs to consolidate to keep pace

with Elon Musk's Starlink.

* Rolls-Royce is developing a smaller version of its Ultrafan

engine demonstrator aimed at exploring technology for the

narrow-body jet market.

* More plane orders flowed in at the Farnborough Airshow on

Tuesday despite supply chain pressures on jetmakers and

complaints from airlines about delivery delays.

* Demand for air travel has normalised after a years-long boom

following the COVID-19 pandemic as holidaymakers and travellers

baulk at higher fares.

STRATEGY

* A top Boeing ( BA ) executive said suppliers and airlines had the

right to be sceptical about company jet output forecasts.

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

at its 737 MAX factory.

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

space and particularly satellites.

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

is not yet affecting demand for new aircraft, Airbus said.

* Lilium plans to begin studying possible air-taxi assembly

sites in the U.S. later this year with a goal of having a plant

up and running by early 2029.

* Boeing ( BA )-owned Wisk Aero expects its pilotless air-taxi to begin

carrying passengers "later in the decade".

* Boeing's ( BA ) has settled on the design to address an engine

anti-ice system that has delayed certification of the 737 MAX 7.

* Boeing ( BA ) is still "fighting through challenges" in building two

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

COMMERCIAL PLANE DEALS

* Flydubai is in early talks with Boeing ( BA ) and Airbus to place its

largest ever plane order.

* Libya's Berniq Airways orders six Airbus A320neo planes.

* Qatar Airways will decide on a "sizeable" new order of

wide-body jets in late 2024 or early 2025.

* Qatar Airways orders 20 more Boeing 777-9s.

* Japan Airlines finalises order for 20 Airbus A350-900s and 11

A321neos.

* Macquarie Airfinance orders 20 Boeing 737 MAX-8 planes.

* Virgin Atlantic orders seven more Airbus A330neos.

* Korean Air to buy 20 Boeing 777X and 20 787-10 jets.

* VietJet to buy 20 A330neos.

* Japan Airlines orders 10 Boeing 787-9s and takes options for

10 more.

* A Turkish Airlines deal for narrow-body jets is still held up

by negotiations over engines.

* National Airlines to buy four Boeing 777 Freighters.

* Luxair orders two Boeing 737-10s with options for two more.

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

Saudi budget carrier Flynas, industry sources said.

DEFENCE

* A UK defence policy review will not derail a

multibillion-dollar fighter jet programme being developed by

Italy, Japan and the UK, according to one of the project firms.

* British Prime Minister Keir Starmer stressed the importance of

the UK's fighter jet capability (GCAP), but stopped short of

guaranteeing its next generation combat air programme with Japan

and Italy would not be affected by a defence policy review.

* The British Army has carried out its first test of Raytheon's

anti-drone laser weapon from a military vehicle.

* The GCAP fighter jet programme is heading for the launch of

the design and development phase in 2025 "at pace".

* The GCAP is being developed such that it is open for other

partners to join.

* Brazil's Embraer formalises the sale of nine C-390 Millennium

military aircraft to the Netherlands and Austria.

* Britain renews a 6.5 billion pound, 10-year weapons

partnership with European missile systems company MDBA.

(Compiled by Mark Potter)