Airbus scoffs at Boeing wins, plays down bounce-back hopes

Marco Green
June 26, 2017

Boeing took more orders for the recently announced 737 MAX 10 on the third day of the Paris Air Show on Wednesday.

Less than 10% of the sales in Paris were for long-range twin aisle airliners and neither manufacturer unveiled deals for their largest aircraft, the superjumbo Airbus A380 and Boeing 747. "Either the MAX 9 or the MAX 10 is going to survive, but one of them has to go", Leahy said in an interview at what is likely to be his last major air show as he prepares to retire.

Most of the sales were of single-aisle jets that are the workhorses of global aviation, particularly Boeing's 737 Max series and Airbus A320neo range.

Boeing leads the race for net new orders at the air show.

"This time we've got instability and uncertainty in many regions of the world, but airline traffic is strong, and as we've seen at this show, airlines want jets and the finance people are certainly happy to help". The plane that is due to enter service in 2020 can seat up to 230 passengers and is Boeing's largest narrowbody.

According to the head of sales John Leahy, the planes ordered are valued at just under $40 billion. Boeing also sold 125 MAX 8s to one customer, and another customer switched orders for 15 MAX 8s to MAX 10s. Fueled by low-priced carriers and emerging markets, the single-aisle segment will see the most growth, with almost three-quarters of new airplanes deliveries, or 29,530 new airplanes such as the 737 MAX, needed over the next two decades. Fitch Ratings warned that orders for Airbus and Boeing could peak in 2018 or 2019.

Boeing also said the 737 MAX is the fastest-selling airplane in its history.

The 777-300ER features the airline's new United Polaris business class, which includes custom-designed and exclusive seats, an improved dining experience, new custom bedding from Saks Fifth Avenue, and amenity kits. Iran is coming back from years under worldwide sanctions.

Analyst Richard Aboulafia, of Virginia-based Teal Group, said commercial activity had been better than expected and was reminiscent of shows in 2009 and 2011, when the aircraft industry had bucked a retreating world economy.

Other reports by Click Lancashire

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