Airbus and Boeing (NYSE: BA - news) wheeled out the usual round of order announcements at the Paris Air Show on Wednesday, but alongside the big ticket purchases, the aerospace rivals are also eyeing the lucrative maintenance and servicing market as they seek to boost growth.
"The 737 MAX 10 will enable us to continue using larger and more efficient aircraft within our domestic network and better meet the needs of our customers today and into the future", said Andrew Levy, United Airlines executive vice president and chief financial officer. The 737 Max 10, which can carry up to 230 passengers, is the largest in the class, and Boeing said it would be 5% cheaper to operate than the Airbus A321neo.
President Macron flew into the show aboard an Airbus A400M military transporter in his first official engagement since winning a parliamentary majority in elections on Sunday.
The new order is valued at $1.2 billion at current list prices, a statement said.
The main reason behind Spicejet's decision to go ahead with the brand new Boeing 737 MAX 10 is its increased seating capacity.
CDB Aviation signs memorandum of understanding for 42 MAX 8; 8 787-9 and 10 737 MAX 10 jets, worth in total about $7.4 billion at list prices.
The US planemaker projects that the Max 9 and 10 will together capture 25 percent to 30 percent of 737 sales over the next 20 years.
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Doctors in the United States said his condition was probably caused by a heart attack that cut the blood supply to his brain. It came as the travel agency that organised Warmbier's North Korea says it will no longer take USA citizens to the country.
Airbus market share Airbus, which moved first to update its aircraft used in most mid-range flights, now has a 60% market share.
Boeing has landed a string of new plane deals while Airbus has won lucrative promises at the Paris Air Show, as both plane makers stressed the growing importance of digital technology in aviation.
Boeing this week teased details of its potential middle of the market aircraft-the so-called 797-that would enter service in 2025, and could be formally launched within the next year and a half. More than 100 of its Boeing 737s - and almost all of its 757s - were built in 2002 or earlier, as well.
Notably, Boeing's 737 MAX family of commercial aircraft incorporates the latest-technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
Four-engined, double-decker superjumbos such as the A380 and Boeing's 747 were once viewed as the future of air travel between worldwide hubs, but interest has waned as airlines have preferred cheaper, more nimble aircraft. "I think there's a little upside here this week" at the Paris show.
"These people are going to get on planes", said Slattery. The longest earlier-generation model is prone to tipping up if baggage isn't balanced carefully in the hold.
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