Boeing launches new jet as Macron opens Paris show

Emirates wanted Airbus to put new engines on the A380, but Sunday’s announcement from Airbus did not include new engines, opting instead for new winglets and more seats to reduce the cost per seat by about 13% and fuel burn by 4%.

Boeing says the aircraft will have “the lowest seat-mile cost of any single-aisle airplane ever produced”.

“Orders and commitments announced today will bring more than £3bn into our economy as the systems and components of these aircraft are designed and manufactured in the years ahead”. Customers will be announcing order details throughout the week.

McAllister said the 737 MAX 10 would “the most efficient single-aisle airplane in the skies”.

The carrier plans to grow its operational fleet to 100 airplanes by 2020 and looks to expand regionally with the new 737 MAX family of airplanes.

The MAX 10 will be 66 inches longer than the MAX 9 and feature new levered main landing gear. With the MAX 10, first teased in March by Boeing Commercial Airplanes sales boss Randy Tinseth, the company has certainly closed the gap.

Boeing has a test version of the 737 MAX 9 on display at Le Bourget airport north of Paris, which hosts the air show. Boeing’s challenge was water off a duck’s back for Airbus sales chief John Leahy who said much of the interest in the MAX 10 was from existing Boeing customers switching orders from other models. The MAX 9 typically seats 178.

The A320neo range of jets, created to use less fuel than the original and widely-used A320s, have proven popular and are competing with Boeing’s 737 Max series.

SpiceJet on Monday signed an MoU with Boeing for 40 B737 MAX aircraft. Boeing sees total airplane demand rising 3.6 per cent over last year’s prediction.

SpiceJet now has a fleet of 35 B737s and 19 Bombardier Q400s.

It projected the need for 41,030 new planes over the next 20 years, valued at $6.1 trillion in the firm’s annual current market outlook, released at the Paris Air Show.

The new business announced on the first day of the air show reflected the positive outlook of the aerospace industry around the world.

It also won a boost from leasing giant AerCap for its 787 Dreamliner long-range jet, which sits in a category for which demand has been fragile over the past year.

Boeing also announced its first order for 10 of the aircraft from jet leasing firm BOC Aviation in a deal worth United States dollars 1.25 billion (1.12 billion euros).

“As a lessor, we are committed to provide our global customer base with technologically-advanced aircraft”, said Ahmad Alzabin, CEO and vice-chairman, of ALAFCO.