Ryanair buys further ten aircraft from Boeing

The Max series of jets are created to be a more fuel-efficient version of the workhorse 737, Boeing's most popular commercial plane.

"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. Airbus fired back Monday, downplaying the Boeing plane's capabilities and securing orders worth about $12.3 billion at list prices from lessors GE Capital Aviation Services and Air Lease Corp. for Neo planes, including the smaller A320 version.

China's Okay Airways ordered a mix of Boeing aircraft, including eight 737 MAX 10s. Much of the interest in the MAX 10 seems to be coming from existing Boeing customers switching orders from other models.

Boeing and Malaysia Airlines Bhd (MAB) have announced an order for 10 737 MAX 10 airplanes, valued at US$1.25 billion (RM5.3 billion) at list prices, at the Paris Air Show.

In a presentation at the air show, Mike Delaney, Boeing vice president in charge of new airplane development, said the plane - like the Dreamliner - will be all-composite. "The MAX 10 is going to add more value for customers and more energy to the marketplace", Boeing Chief Executive Dennis Muilenburg said at a presentation ceremony.

Boeing, the world's No. 1 plane maker, said Tuesday that passenger traffic is poised to grow 4.7% a year on average over the next two decades.

The US planemaker has dropped the category reserved for four-engine behemoths from its annual forecast for the commercial-aircraft market.

"Frankly, we look at the demand for really big airplanes and we find it hard to believe that Airbus will be able to deliver the rest of their A380s in backlog", Boeing Marketing Vice-President Randy Tinseth said in a briefing.

Industry watchers said the veteran Airbus sales chief could pull off a signature last-minute deal to avoid an unusual defeat at the European company's home event.

The Toulouse-based manufacturer says airlines will need larger jets as passenger traffic doubles and congestion limits the number of flights into megahubs, particularly in Asia and the Middle East. It said 29,530 new planes will be needed here; an increase of almost five per cent on past year.

It has a 50 percent share of the civil and military aviation market, but only seven to nine percent in services.

Boeing hopes the more fuel-efficient jet will help relieve congested airports on routes between NY and Los Angeles as well as American cities to smaller European cities. I'm sorry, but you can't do it. United Airlines and Indonesia's Lion Mentari Airlines PT are also expected to place contracts at the Paris expo, people familiar with the negotiations said earlier this month.

  • Zachary Reyes