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ACG orders 20 Boeing 737 MAX 10 jets
20 June 2017, 04:11 | Austin Hogan
While Airbus and Boeing will again hog the spotlight at the Paris Air Show with their battle for ever-larger slices of the lucrative pie in the sky, a lot of the really interesting stuff will be going on elsewhere at next week's massive biennial aviation and defense industry gathering.
The 737 Max 10 is five-and-a-half feet longer than the Max 9, raising its capacity from about 178 to between 190 and 230 passengers.
The budget carrier had in 2014 placed an order for 55 737 MAX jets with Boeing.
Other MAX 10 orders announced Tuesday were leasing company Aviation Capital Group with 20 orders, Chinese airline Okay Airways for eight and China Aircraft Leasing Group for eight.
SpiceJet, which operates a fleet of 35 Boeing 737s and 19 Bombardier Q400s, said it 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 is the fifth member of Boeing's family of single-aisle aircraft and the third model launched in as many years.
The agreement which represents Avolon's single largest order to date with Boeing, also includes an option to acquire a further 50 737 Max aircraft.
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As part of the new move - announced at the Paris Air Show - Boeing said it will unveil later this week orders and commitments for more than 240 737 Max 10 jets from more than 10 customers.
Two Patrouille de France jets perform a training aerial show in Le Bourget on June 18, 2017 on the eve of the opening of the International Paris Air Show. However, standard industry price discounts would cut the value to just less than $5 billion and it's highly likely that for orders like these launching a new model the discounts are much bigger. This included 20 new orders for 737 MAX 10 and a conversion of twenty 737 MAX 8 jets from an existing order.
BOC Aviation announces memorandum of understanding for 10 737 MAX 10 jets worth about $1.25 billion at list prices.
Boeing has around 3,700 orders for the whole Max family. The Max 9 will continue flight testing until it is certified to begin flying for commercial airlines - likely in 2018.
Airbus will also showcase its new long-haul model A350-1000 and Boeing its 787-10 Dreamliner, while Ukraine s Antonov will present its 132 D.
"As a lessor, we are committed to provide our global customer base with technologically-advanced aircraft", said Ahmad Alzabin, chief executive officer and vice-chairman, ALAFCO. Monday formally launched a new version of its single-aisle jetliner to regain market share lost to rival Airbus SE.
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