Boeing wins Paris order race after launching new model

Rendering of 737 MAX aircraft in Okay Airways' livery.

Airbus reported commitments for a total of 326 aircraft, including firm orders for 144 aircraft worth $18.5bn and MoUs for 182 aircraft worth $21.2bn.

"I think that this will be a down year for Airbus and Boeing in terms of orders but not in deliveries", Leahy stated. Lion Mentari Airlines PT of Indonesia and United Airlines are also expected to make orders during the Paris Air Show.

Boeing has claimed bragging rights over Airbus at the Paris Air Show, winning more aircraft deals at the biennial event than its European arch-rival for the first time since 2012. "Yes", said Airbus COO of Commercial Customers, John Leahy in comments reported by Reuters, Thursday.

"This wide market acceptance endorsed the 737 MAX 10 as the industry's most efficient and profitable single-aisle airplane", Boeing said in a statement.

Airbus said it secured deals for 20 A320neo single-aisle planes and eight A330 widebodies from Zagros Airlines and another 45 single-aisle jets from Iran Airtour.

Other 737 MAX 10 customers include Copa Airlines (NYSE:CPA), Lion Air Group, Malaysia Airlines, AerCap Holdings (NYSE:AER) and General Electric's (NYSE:GE) aircraft leasing unit. However, executives at Airbus say that the Max 10 is a bigger threat to other models from Boeing than to the Airbus Neo.

"The addition of this advanced aircraft to our fleet will enable us to continue to offer the state-of-the-art flying experience our customers expect when traveling with us", said Gerry Laderman, United Airlines senior vice president of finance, procurement and treasurer.

Separately, another Chinese carrier, Donghai Airlines, opted to convert an earlier order for 10 smaller Max jets to 10 Max 10s, as did Malaysia Airlines, while Panama's Copa Airlines converted an order for 15. Boeing also announced commitments for more than 30 additional single-aisle and widebody planes.

The US planemaker continued to rack up orders at the Paris Airshow for a new version of its best-selling 737 aircraft, which was launched amid a flurry of deals.

Sales chief Ihssane Mounir said the USA planemaker had netted 147 new orders or commitments for the newly launched Boeing 737 MAX 10, created to add more capacity to the medium-haul series to catch up with strong sales of the Airbus A321neo.

Boeing's overall tally is higher partly because it counts aircraft with 90 seats or more, whereas Airbus starts at 100.

Boeing said demand for that size plane will be principally in the cargo segment and that fewer than 100 passenger models of that type will be delivered during the coming 20 years.

Related News:

  • Teen injured after fall from Six Flags 'Sky Ride'

    Teen injured after fall from Six Flags 'Sky Ride'

    The teen was taken to Albany Medical Center for treatment of minor injuries, according to the Warren County Sheriff's Office. Luckily, fearless park staff and guests banded together and coaxed the girl into making a 20-foot (6 meter) leap of faith.
    Funeral Held for Former N.Korean Prisoner Otto Warmbier

    Funeral Held for Former N.Korean Prisoner Otto Warmbier

    Rob Portman , who had met with North Korean officials in NY to press for Warmbier's release, attended the funeral. Warmbier during a February 2016 news conference in Pyongyang, North Korea, following his detention there.

    Trump to visit Wisconsin to fill skills gap

    Participants in some apprentice programs get on-the-job training while going to school, sometimes with companies footing the bill. At the end of the program, the apprentice receives a certification. "That's when I knew for sure I was doing it", Trump said .
  • Federer triumphs in Halle

    Federer triumphs in Halle

    Khachanov then missed two set points before Federer took it to the tiebreaker. I'm very happy for him, how he's developed in the last years.

    United Nations refugee report warns South Sudan could be next Syria

    The UNHCR found that the number of forcibly displaced people has risen from 33.9 million in 1997 to 65.6 million in 2016. The Office of the United Nations High Commissioner for Refugees on Monday released its annual Global Trends study.
    Another leadership test for Pelosi, who's weathered many

    Another leadership test for Pelosi, who's weathered many

    Pelosi, 77, has led the House Democratic caucus for almost 15 years, from the minority into the majority and back again. More than $50 million was spent on the race in Atlanta's wealthy suburbs, making it the costliest House race in history.
  • Tillerson and Mattis to hold joint news conference after talks with China

    Tillerson and Mattis to hold joint news conference after talks with China

    Tillerson stressed the need to choke off funding sources including money laundering, labour export and computer hacking. Without giving details, Mattis said, "We will continue to take necessary measures to defend ourselves and our allies".
    GOP senator is latest to oppose health bill

    GOP senator is latest to oppose health bill

    The percentage of Republicans who are showing support for the replacement is declining. He tweeted , "Children, the elderly, the disabled, nursing home coverage will suffer".
    Rafael Nadal clinches record 10th French Open title

    Rafael Nadal clinches record 10th French Open title

    The four points Nadal won, included two forced errors from Wawrinka and a blistering forehand victor . After netting a forehand in the second set, Wawrinka pounded his racket on his head several times.
  • Watch 3rd T20 live on TV, online

    Watch 3rd T20 live on TV, online

    South Africa made 8-174 with JJ Smuts contributing 45 and skipper AB de Villiers striking 46 from 30 balls. South Africa fought back to beat England by three runs in the second T20 global at Taunton .

    Senator Cantwell's plan to stop Republican health care bill

    The GOP senators who joined Johnson in the Thursday statement were Ted Cruz of Texas, Mike Lee of Utah and Rand Paul of Kentucky. And health insurance, like auto insurance, should be mandatory, with basic coverage including maternity care and mental health.
    London tower blocks evacuated over fire concerns

    London tower blocks evacuated over fire concerns

    The safety checks follow concerns in the wake of the west London blaze on June 14, in which at least 79 people lost their lives. The council said residents would be out of their homes for three to four weeks while it completes fire-safety upgrades.

Most liked

GOP senators now oppose health care bill as written
The nonpartisan Congressional Budget Office said that under the House bill, 23 million fewer people would have coverage by 2026. Among the biggest complaints against the bill known as The Better Care Reconciliation Act is a proposed rollback of Medicaid .

5 killed in cable vehicle accident in Indian-controlled Kashmir
She also directed conducting of a high level inquiry to know of the causes or lapses, if any, that led to the accident. The accident left scores of tourists stranded at the popular skiing destination in north Kashmir.

Tropical Storm Cindy makes landfall in Louisiana
The National Weather Service in Mobile said that rain from Cindy will continue through today , and some of it will be heavy. The Storm Prediction Center has issued a tornado watch for parts of Alabama , Louisiana , and Mississippi .

Orlando Remembers Pulse Victims One Year After Shooting
They have been together for nearly two years and are celebrating how far the LGBTQ Community has come. The names of the 49 people killed in the shooting were read aloud by Jasinya Sanchez of Grand Rapids.