India's SpiceJet to buy 40 737 MAX jets at $4.7bn

Smaller 737 MAX models were not left out, with aircraft lessor Avolon signing a Memorandum of Understanding with Boeing for 75 737 MAX 8s, worth $8.4 billion at list prices.

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

Laderman said that United Airlines already had a large MAX order, so there was no need for an incremental one. TUI Group, Europe's largest tour operator, also converted orders for 18 aircraft. According to commentators, the MAX 10 would certainly help Boeing to pull even.

The newly ordered aircraft are valued at $6.24bn at list prices.

Like Boeing's other 737 MAX models, the MAX 10 incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Speaking at American Airlines' annual meeting last week, CEO Doug Parker noted that American's average mainline fleet age is far lower than the average age at its three primary competitors.

The MAX 10 will be capable of seating up to 230 passengers, with Boeing claiming a 5% seat-mile cost and trip cost advantage over its nearest competitor, the Airbus A321neo. Boeing also announced commitments for more than 30 additional single-aisle and widebody planes.

Leverkuhn said the MAX 10 now completes the MAX family and offers airlines great flexibility.

Low-cost Indian airline SpiceJet has signed a provisional deal to buy 40 MAX 10s.

For carriers that want a jet to fly longer, thinner routes, the MAX 9 has nearly 600 miles of extra range than the MAX 10. The air show comes a little too early for either Russia's Irkut, with its MC-21, or China's Comac, with the much-flagged C919, to be able to showcase their aircraft there, but both will leave little doubt they expect to win a big slice of the aviation pie in the future.

Xiamen Airlines now operates an all-Boeing fleet of more than 160 airplanes including nine 787 Dreamliners, 149 Next-Generation 737s and four 757 airplanes. Twenty of SpiceJet's provisional order were conversions from an existing order for other 737 models.

  • Carolyn Briggs