Thursday, 20 July, 2017

Boeing wins Paris order title as Airbus's Leahy announces retirement

Debra Rodriguez | 26 June, 2017, 01:08

Boeing announced orders and commitments for a total of 571 commercial aircraft, valued at $74.5bn at list prices, while Airbus booked $40bn in new business. "Yes." A total of 326 net new orders and commitments for the European firm. "I am getting to the point where I may run my Pinocchio ad again with the stuff they are saying", Leahy said, referring to an advertising war between Airbus and Boeing in 2012 over conflicting claims on jet performance.

After years of booming orders driven by increased air travel and more fuel-efficient planes, passenger jetmakers are bracing for a slowdown in demand while they focus on meeting tight delivery schedules and ambitious production targets.

"We think the 737 MAX 10 is a competitor to the (MAX) 9 and that's why a lot of people are converting", Airbus sales chief John Leahy told Reuters. It received 361 orders for the 188 to 230-passenger aircraft (214 existing orders were switched to the bigger jet, including 100 for United Airlines).

Airbus signed deals with AirAsia, and privately-owned Iranian carriers Zagros Airlines and Iran Airtour. Both deals still have to clear approvals under the 2015 Iran nuclear deal that enabled the Islamic Republic to start replenishing its decrepit fleet. For the first time, it lumped these models with large two-engined jets such as the Boeing 777 and the largest Airbus A350.

But analysts expect demand at the June 19-25 event to fall short of recent years, and some aviation companies themselves have cut back staff and hospitality at the show.

Boeing is rolling out a dozen 787s per month off its assembly lines in Everett and North Charleston, S.C., and has said it would like to raise that rate to 14 jets per month by decade's end.

Prior to the lease and the new orders placed to Boeing, Blue Air operated a fleet of 25 Boeing 737 aircraft.

Bombardier of Canada failed to land a single new order for its CSeries airliner.

Xiamen Airlines is a state-holding subsidiary of China Southern Airlines. The third, Indonesia's Lion Mentari Airlines PT, announced an order for the 737 Max 10 on Monday, hours after Boeing formally launched the latest member of an aircraft family that has flown for a half century. Demand for both has almost evaporated. Aviation professionals and spectators are expected at this week's Paris Air Show, coming in, in a thousands from around the world to make business deals.

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