Home / Business / Boeing orders 50,737 max jets at the Dubai Air Show

Boeing orders 50,737 max jets at the Dubai Air Show



An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at Grant County International Airport in Moses Lake, Washington, September 16, 2019.

Lindsey Wasson | Reuters

DUBAI, United Arab Emirates – Boeing managed to reach day three of the Dubai Air Show with bids on 50 of its embedded 737 Max jet aircraft, a day after receiving an order for 10 of the jet flights from leisure airline SunExpress. [1

9659002] Kazakhstan's carrier Air Astana on Tuesday announced a statement of intent for 30 of the Max jets, which have been grounded globally since March after two devastating crashes in five months that killed 346 people.

The bid, which comes at the top of a reported firm order from a mystery buyer for 20 of the Max jets, represents a vote of confidence for a plane whose dangerous shortcomings triggered the biggest crisis in the aviation industry this year.

Air Astana's commitment, valued at $ 3.6 billion, is not a fixed order, and all offers during the past week remain subject to the aircraft receiving government approval to return to service. The Kazakh airline is also a customer of Boe's French rival Airbus, which has made massive offers this week and so far overshadows the US aircraft manufacturer.

The Wall Street Journal on Tuesday reported ten orders for Boeing's 737 MAX 7 and 10 for its 737 MAX 10 from a non-disclosed buyer, citing people familiar with the matter.

Tuesday's news follows an increased order for Max 737 8 jet flights from Turkish-based airline SunExpress, which adds a fixed order for 10 aircraft, worth $ 1.2 billion at list price, in addition to a previous order of 32. One steep discounts are usually negotiated by airlines.

The announcements mark a profit for Boeing, but a total of $ 5.6 billion in orders so far fades compared to the number of Airbus, which has so far purchased about $ 30 billion in orders at list price. On Monday, Europe's largest aerospace company won orders for 120 of its A320neo jet aircraft from Air Arabia and 50 of its A350s from Dubai flagship Emirates, valued at approximately $ 14 billion and $ 16 billion, respectively.

Prior to confirming the Airbus order, Air Arabia was reportedly in talks with Boeing as late as two weeks before the show.

The Dubai Air Show, known for record-breaking mega-deals, usually sees fierce competition for offers from competitors Airbus and Boeing, each of which owns about half the market for large commercial airlines. But the US airlines presence has so far been dampened, weighed down by the crashes, followed by security concerns and the basis for its fleet of about 400 jet aircraft around the world.

The airline and giant have struggled this year with new orders all but drying as a result. British Airways' mother, the International Consolidated Airline Group, said during the Paris Air Show in June that it intends to buy 200 of the 737 Max aircraft, but that order has not been reinforced.


Source link