Boeing hits Airbus with US$30 billion order plan for longer 737
Paris
BOEING Co received more than three dozen pledges to buy the planned Max 10 on the first day of the Paris Air Show, as the US company stretches its 737 workhorse to challenge Airbus SE's sales lead for the largest single-aisle airliners.
Boeing expects to win 240 orders or expressions of interest for the new model valued at roughly US$30 billion from at least 10 different carriers during the industry event this week, the company said at the Max 10's launch announcement on Monday. Including other models and conversions of earlier contracts to Max 10s, Boeing's Paris show order tally at the end of the day exceeded US$37 billion, versus US$12 billion at Airbus.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources