Boeing, Ryanair finalize order for 10 additional 737 MAXs

Boeing, Ryanair finalize order for 10 additional 737 MAXs

Boeing secured twice as much in order value at the Paris Air Show as rival Airbus, marking the USA plane-maker's first victory in five years at the aviation industry's annual showcase.

Gerry Laderman, a senior executive at United, said the MAX 10 had "the best economics of the family", in a boost for a plane Boeing created to plug a gap in its range at the top end of the market for single-aisle jets after runaway sales of Airbus' A321neo.

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

The announcement converts 10 of the national airline's current 737 MAXs on order to the newest version of the 737 MAX family.

The haul of about US$83 billion in deals easily surpassed the US$50 billion signed at last year's show in Farnborough, England, which was the lowest figure since 2010.

Leahy said he had expected the new Boeing plane to make more of a splash.

"This order is yet another endorsement for the 737 MAX from one of our African customers", said Van Rex Gallard, vice president of Sales for Africa, Latin America and the Caribbean, Boeing Commercial Airplanes. Boeing also sold 125 MAX 8s to one customer, and another customer switched orders for 15 MAX 8s to MAX 10s.

"We have 1.3 billion people in our country, they need to travel to different parts of the world and they don't necessarily need to travel through the hubs that have been created by several airlines on both sides of our country", SpiceJet CEO Ajay Singh told CNN.

Boeing holds its end-of-show press conference at 1000 GMT. Aviation professionals and spectators are expected at this week's Paris Air Show, com.

"Due to the long-term success we've had operating the Next-Generation 737, we had placed a sizable order of 737 MAX aircraft for our future, and the 737 MAX 10 provides additional flexibility for certain segments of our network", said Ahmad Zamany, Copa Airlines Vice President of Technical Operations.

"The 747-8 isn't selling, so they would say that".

By late afternoon Boeing had one firm order, Airbus had signed for two, while the rest of the world's airframers on hand in Paris fell nearly quiet in terms of commercial announcements.

Airbus immediately responded Monday with an order for 100 of its popular A320neo planes from leasing firm GECAS.

The company scrambled to put together the Max 10 in response to the demand from airlines for more fuel-efficient planes carrying more passengers.

Related News:

  • Commerzbank Aktiengesellschaft FI Has $17.74 Million Position in Danaher Corporation (DHR)

    The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Princeton Port Strategies Group Inc Limited Liability Co has invested 2.14% of its portfolio in Danaher Corporation (NYSE:DHR).

    Astros shut down A's again, 5-1

    Correa sent Altuve to third with a sharp single to center and aggressively took second on Jaycob Brugman's throw to third base. Evan Gattis and Jake Marisnick each drove in two runs to lead the Astros while Carlos Correa also had a solo home run.

    House special election losses leave Democrats divided, searching

    Asked who she thought should replace Minority Leader Nancy Pelosi (Calif.), Rice declined to name a candidate. Said the 77-year-old California lawmaker: "I feel very confident of the support that I have in my caucus".
  • Insurance group encouraged by GOP bill

    Trump said getting approval would require travelling a "very, very narrow path" but that "I think we're going to get there". But they can just sit back and relax while these four no-compromise Republicans do their obstructionist work for them.

    CSX Corporation Sees Unusually High Options Volume (CSX)

    Folger Nolan Fleming Douglas Capital Management holds 7,800 shares or 0.04% of its portfolio. 118,977 are held by Gam Holdg Ag. Finally, Pinnacle Bank acquired a new position in shares of CSX Corporation during the first quarter valued at about $156,000.
    Foreign Secretary Johnson says Trump's visit to Britain will go ahead

    Foreign Secretary Johnson says Trump's visit to Britain will go ahead

    Liberal Democrat leader Tim Farron said: 'This slimmed down Queen's Speech shows a government on the edge. There was also no mention of the promised free vote on fox hunting or of a state visit by Donald Trump .
  • 76ers take Fultz to start NBA draft

    If Indiana keeps him, it's a lost season knowing their best player isn't even someone they can continue to build around him. The Timberwolves struggled last season, but have a very promising young core in Karl-Anthony Towns and Andrew Wiggins .
    Champs-Elysees attacker pledged allegiance to IS

    Champs-Elysees attacker pledged allegiance to IS

    Neither passers-by nor police were harmed, and it remained unclear if the police convoy was his real target. An assault rifle, two pistols, ammunition and two large gas canisters were found in his vehicle.
    All Blacks confident of besting Lions' defense

    All Blacks confident of besting Lions' defense

    Read told the Lions that the All Blacks are happy being favourites against the tourists on Saturday. From our point of view we're happy to go there if it ends up at that point".
  • Timeline of events surrounding Michigan airport stabbing

    Timeline of events surrounding Michigan airport stabbing

    Security video showed Ftouhi entering the first level of the airport carrying a red duffle and a dark satchel bag at 8:52 a.m. Amor Ftouhi , 49, a citizen of Canada and Tunisia, has been charged with violence at an global airport, officials said .
    NHL : Knights pick Neal and Fleury, McDavid named MVP

    NHL : Knights pick Neal and Fleury, McDavid named MVP

    It's going to be a challenge. "I think that's what's important". "Right now, we're focused on drafting three players". It was the NHL's first expansion draft since the Columbus Blue Jackets and Minnesota Wild joined the league in 2000.
    Court Upholds Overturned Conviction of Suspect in Netflix's 'Making a Murderer'

    Court Upholds Overturned Conviction of Suspect in Netflix's 'Making a Murderer'

    As USA Today reported, this is a big victory for Dassey, and may lead to Steven Avery's nephew being released from prison. As for Brendan Dassey , attorneys Laura Nirider and Steve Drizin say they are working to secure his release from prison.


Most liked

Comedienne Bharti Singh to miss 'Nach Baliye 8' finale
Popular comedienne Bharti Singh , who is recuperating in a hospital, will not be able to perform at the " Nach Baliye 8 " finale. However, Bharti had to leave because of severe stomach ache and was rushed to the hospital around 3 am on Thursday.

Texas Instruments Incorporated (TXN) Shares Sold by Parametric Portfolio Associates LLC
Hightower Ltd Limited Liability Company accumulated 8,515 shares. 452,063 are held by Renaissance Gru Limited Liability Company. Pennsylvania reported 0.03% in Texas Instruments Incorporated (NASDAQ:TXN). 10,487 are held by First Fincl Bank Of Hutchinson.

More rain, higher winds expected today
Flash flood watches remain in effect for All of Kentucky, most of West Virginia and north central and western Tennessee. Thursday update indicates Cindy was moving north at 12 miles per hour with max sustained winds of 40 miles per hour .

Opposition's Presidential nominee Meira Kumar - 'A sacrificial goat' ?
"Where were those people in the last two elections?" "There is no doubt about the result". "Even I am proud of Bihar ki beti ". Kumar said the decision to support Kovind was taken at the meeting of JD (U)'s core committee.

Trump knocks Democrats for obstructing agenda after party wins Georgia
Pelosi became defensive, in the middle of a long rambling explanation about the state of the Democrat Party (video at end). Pelosi also responded to President Donald Trump's tweet that ousting her "would be very bad for the Republican Party".

Belgium identifies Brussels station bomber
Authorities also said that no events would be canceled, but warned those planning to attend not to carry backpacks with them. It happened at around 8.30pm (7.30pm Irish time) in one of the main corridors of Brussels Gare Centrale, or Central Station.

Ronaldo header gives Portugal win at Confederations Cup
Have you read Trendiee Today? "Everybody wants to watch Cristiano Ronaldo , even I want to watch Cristiano Ronaldo! ". Things remain tight in Group A before Saturday's final round. "We always respect and understand how they play".

Were Analysts Bullish Public Storage (NYSE:PSA) This Week?
Putnam Invests Limited Liability Corp invested 0.01% in Extra Space Storage, Inc. (NYSE:EXR). 250 are owned by Cypress Lc (Wy). Utd Svcs Automobile Association accumulated 39,959 shares or 0.01% of the stock. 239,473 shares of the company were exchanged.

Storm remnants move through area
At worst, the storm could flood neighborhoods outside the city's levee system and cause flash flooding even in protected areas. However, our neighbors in MS/AL/FL felt the brunt of the storm with 8-15 inches of rain and numerous reports of tornadoes.

Warriors Win The 2017 NBA Finals
Durant was in the middle of writing history, and he was ready to finally defeat "The King" Lebron James when it counted. Mike Brown filled in without a hitch; when Kerr returned, all seemed normal. "Doesn't get much better than that".

Tropical Storm Cindy downgraded to tropical depression after landfall
Cindy forced some storm-hardy southerners riding out the first tropical system to hit this season, to evacuate at the last second. They can remain floating until the flood waters subside and the insects find dry land to reestablish their colony.

Say what? The mad genius of Elon Musk
"The threshold for a self-sustaining #City on Mars or a civilization would be a million people", #Elon Musk said in the journal. We take a look at the red planet in pictures. "There will be movies, lecture halls, cabins and a restaurant", Musk added .

Private Management Group INC Continues to Hold Holding in Calpine Corp (CPN)
Personal Capital Advisors Corp acquired a new position in shares of Calpine Corporation during the first quarter worth $394,000. Also Benzinga.com published the news titled: "Pete Najarian Sees Unusual Options Activity In Calpine" on May 23, 2017.

Dream comes true for top pick
The Philadelphia 76ers introduced #1 overall National Basketball Association draft pick Markelle Fultz to the city on Friday. More than two dozen picks into Thursday night's National Basketball Association draft and not one senior has been selected.

Five GOP senators now oppose health bill _ enough to sink it
Sandoval said he would do "everything in my power" to make sure those people can maintain the quality of life they now have. In addition to those four and Heller, USA Today identifies four other Republican senators to keep an eye on.