Boeing Shows Off New 737 At Paris Air Show

Marco Green
June 24, 2017

Despite the interest in the MAX 10, analysts expect passenger jet orders at the Paris Airshow to fall short of recent boom years, as airlines digest a flood of deliveries.

Design changes for the 737 MAX 10 include a fuselage stretch of 66 inches, or about 1,68 metres, compared to the 737 MAX 9 and levered main landing gear, with an expanded capacity to carry up to 230 passengers, or 10 people more than that of the 737 MAX 9.

For its part, Airbus landed a firm order for 10 IAE V2500-powered A321s from Hungary's Wizz Air.

By late afternoon Boeing had one firm order, Airbus had signed for two, while the rest of the world's airframers on hand in Paris fell nearly quiet in terms of commercial announcements.

Boeing won orders and expressions of interest for about 420 planes worth as much as US$58 billion (S$80.6 billion) based on a Bloomberg count through midday on Wednesday, getting a boost from demand for the Max 10, the biggest version of its B-737 workhorse.

Boeing [NYSE:BA] and Ruili Airlines today announced the signing of a Memorandum of Understanding for 20 737 MAX airplanes at the 2017 Paris Air Show. The MAX 10 will be introduced in the 2020 time frame.

"GECAS' renewed order of our best-selling A320neo aircraft, underscores the continuing strong market demand for these fuel-efficient aircraft", said Fabrice Brégier, COO and President, Airbus Commercial Aircraft. "The MAX 10 is going to add more value for customers and more energy to the marketplace", Boeing Chief Executive Dennis Muilenburg said at a presentation ceremony.

"Many airports are running out of capacity and for those airports this is a flawless aircraft", said Indian-based budget airline SpiceJet's chairman, Ajay Singh, as his firm signed a provisional contract to acquire 40 MAX 10s.

Airbus, meanwhile, agreed a provisional $5 billion deal with low-priced carrier Viva Air Peru for 50 A320 jets, confirming a Reuters report.

Boeing, meanwhile, has a Paris order book of 463 when conversions, previous orders upgraded to newer planes, are stripped out.

Boeing Thursday said it had secured 571 new orders and commitments during the industry gathering that typically is a hotbed for plane deals.

"The 737 MAX 7 will give ALC's customers the best airplane in that segment, built for long, thin and high-hot routes".

Xiamen Airlines is an existing 737 MAX customer and plans to use the new airplanes with their subsidiaries, including Hebei Airlines and Jiangxi Airlines. "They're clearly going to come after us on price".

Other reports by Click Lancashire

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