Boeing, BOC Aviation Sign Memorandum of Understanding for 10 737 MAX 10s

Boeing, BOC Aviation Sign Memorandum of Understanding for 10 737 MAX 10s

Boeing is announcing plans for a new, longer version of its 737 Max jet at the Paris Air Show in hopes of boosting orders for the single-aisle plane in its race with European rival Airbus.

Airbus announced the first big deal of the week: a firm order for 100 single-aisle A320neo planes by General Electric’s aircraft leasing arm, GE Capital Aviation Services (GECAS).

The 737 MAX 10 has more range than today’s Next-Generation 737s and substantial fuel efficiency and economic advantages over heavier competing models, including five percent lower trip cost and five percent lower seat-mile cost.

Al Baker said he expects U.S. President Donald Trump will intervene “to make sure that this blockade is lifted soonest.especially since he knows that we are part of his alliance against terrorism”.

Analysts say the fifth member of the 737 MAX family aims to plug a gap in Boeing’s portfolio at the top end of the market for single-aisle jets following runaway sales of Airbus’ A321neo, which can seat up to 240 people.

The CEO of Boeing’s commercial planes operations, Kevin McAllister, said Monday that the 737 Max-10 will offer customers more flexibility and seating space.

Not to be outdone, Airbus is close to clinching a roughly $5 billion deal with low-priced carrier Viva Air Peru for about 30 planes, two industry sources said on Sunday.

Speaking Monday at the Paris Air Show, Akbar Al Baker told The Associated Press: “People will not forget”.

The Airbus manufacturer on Sunday unveiled its A380plus wide-body jet plane, an upgraded version of what is the world’s largest passenger aircraft.

The ceremony lent high-level support to two ambitious European aerospace projects tarnished by problems: the A400M because of chronic cost overruns and delays and the A380 because of weak sales that threaten its future.

Airbus also said the A380Plus would require less regular maintenance examinations.

Four-engined, double-decker superjumbos such as the A380 and Boeing’s 747 were once viewed as the future of air travel between global hubs, but interest has waned as airlines have preferred cheaper, more nimble aircraft.