Aviation
- 3 July 1988 - Iran Air Flight 655. A civilian Iran Air Airbus A300B2-203 performing a passenger flight from Tehran Mehrabad International Airport to Dubai International Airport was shot down by the United States Navy guided missile cruiser USS Vincennes CG-49 after the cruiser crew mistakenly identified the aircraft as an attacking F14A Tomcat fighter aircraft.
Buses
- Leyland Bus is sold to Volvo Buses
Events by month
July 1988
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