A UK airline will reportedly announce an order for $10 billion worth of Boeing aircraft later today. The announcement was made as part of a new trade deal revealed by President Donald Trump & Sir Kier Starmer.

British Airways owner IAG places nearly $21bn in aircraft orders from Boeing and Airbus after UK-US tariff breakthrough on aviation trade.

An unnamed British airline is poised to buy “$10 billion worth of Boeing planes,” says U.S. Commerce Secretary Howard Lutnick, as a new trade deal smooths economic relations between the U.S. and UK.

The deal with the UK was Trump’s first since April 2, when the US president announced his “liberation day” tariffs on countries around the world. For British Airways, the expansion of its long-haul fleet at a time of economic turmoil amounts to a vote of confidence in the enduring health of business demand and UK-US travel.

Aerospace giant Boeing (BA) has quickly emerged as a top beneficiary of President Trump's dealmaking abroad. Shares hit 52-week highs on Wednesday after the plane maker scored its largest-ever order from Qatar Airways.

East Midlands Airport has secured an agreement with Chinese logistics firm YunExpress and carrier Central Airlines, marking the first time either operator has flown into the UK.

Boeing shares climbs 3.9% on Thursday. The stock gained following the announcement of a landmark trade agreement between the U.S. and U.K.