Boeing's 737 MAX 10 a big hit at Paris Air Show

27 June, 2017, 02:57 | Author: Elaine Woods

Additional MAX 10 orders announced in Paris Tuesday included 20 for US aircraft lessor Aviation Capital Group, 15 for China Aircraft Leasing Group (CALC), 10 for Irish airline Ryanair, and 8 for Chinese airline Okay Airways.

But Boeing generated a burst of activity at the Paris Airshow by launching the 737 MAX 10 to plug a gap in its portfolio at the top end of the market for single-aisle jets following runaway sales of the rival Airbus A321neo. Taking the U.S. planemaker's total to 571.

Irish airline Ryanair has agreed a $1.1bn (£868bn/€987bn) deal to buy ten new Boeing planes. Much of the interest in the MAX 10 seems to be coming from existing Boeing customers switching orders from other models.

Qatar Airways firms up an order for 20 Boeing BA.N 737 MAX jets after letter of intent a year ago for up to 60 737 MAX 8 jets. Delivery to airlines like United Airlines, British Airways and launch customer Singapore Airlines will begin next year. Boeing is stretching its 737 in a bid to challenge the sales lead held by Airbus SE in the category of the biggest mono-aisle airliner.

Airbus also benefited from 73 orders from Iranian carriers Zagros Airlines and IranAir Tours.

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Airlines around the world have had an insatiable demand for single-aisle aircraft like the Airbus A320 and Boeing 737 that fly short and medium haul routes around the globe. For the last four consecutive years, FlightStats has recognized Copa Airlines as "Best Airline in Latin America" for its on-time performance and service quality, and, for the last two consecutive years, Copa Airlines was recognized as "The World's Second Most On-Time Airline", by OAG.

"The 737 MAX will complement our growing fleet and is the ideal aircraft for short to medium-haul operations across the Sahel region and Europe, feeding traffic into our hub airport at Nouakchott", said Mohamed Radhi Bennahi, chief executive officer, Mauritania Airlines.

The order from United Continental Holdings Inc. gives the new plane a crucial initial boost and makes the Chicago-based carrier the biggest buyer of the model.

Lessor GECAS orders 100 A320neo aircraft worth about $10.8 billion at list prices to be delivered 2020-24. Established carriers are also swapping out older, less efficient jets for new versions and low-priced airlines are rapidly expanding their fleets.

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