Boeing takes a swing at Airbus golden goose with bigger 737 Max

Industry sources said Airbus would also soon announce a large order for its A321neo, as well as one for 10 of its A350-900 wide-body jets. Boeing said it has already secured more than 240 commitments for the MAX 10, including MOUs from Indonesia's Lion Air for 50 and India's SpiceJet for 40.

"Simply put, the 737 MAX 10 will be the most profitable airplane the single-aisle sector has ever seen", said Boeing Commercial Airplanes President and CEO Kevin McAllister.

So what is this latest model of Boeing's best-selling airliner?

"Many airports are running out of capacity and for those airports this is a flawless aircraft", said Ajay Singh, the chairman of low-priced Indian airline SpiceJet, as his company signed a provisional deal to buy 40 MAX 10s. The entire 737 MAX family has been created to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market.

While Airbus and Boeing dominate the world's civil aviation industry, the duopoly is not without challengers: Competition is looming, notably from Russian Federation and China, which have been test-flying their own mid-range models. The new model will seat between 180 and 230 passengers.

According to the state Department of Economic and Community Development (DECD), Connecticut's aeroparts producers-suppliers booked orders for more than $415 million in goods and services from the previous Paris and Farnborough, England, air shows.

Needle Action Activity Spotted in Boost Issuer PLC (SUK1.L)
Peel Hunt maintained Iomart Group Plc (LON:IOM) rating on Tuesday, December 1. 37 funds opened positions while 106 raised stakes. Price T Rowe Assoc Incorporated Md reported 43,600 shares. 653,236 are owned by Mitsubishi Ufj Tru & Banking Corporation.

Raising its previous forecasts for the next two decades, the European aircraft maker also said a slowdown in orders over the past several months did not signal a drop in the market.

His arrival was followed by a flypast by the world's largest passenger plane, the Airbus A380, and France's aerial display team.

"The trend is positive", said Airbus chief executive Fabrice Bregier.

Airbus earlier warned it expected slow orders this year and perhaps next year, too, but called it a normal part of the business cycle.

In another boost for a defence project, French President Emmanuel Macron was due to fly into the show on an Airbus A400M military transporter in his first official engagement since winning a parliamentary majority in elections on Sunday.

Some 200,000 member of the public are expected to visit the air show, which runs to June 25.

Related News:

  • Ring's latest Video Doorbell makes charging easier with a swappable battery

    Ring's latest Video Doorbell makes charging easier with a swappable battery

    It's bigger and boxier than the Ring Pro, but now you can change the faceplate to one of the included colors. Meanwhile, they'll still send you a replacement if someone runs up and rips the doorbell off your wall.

    India v Pakistan in the Champions Trophy final set to pull

    It was a match where everything went awry for the "Men in Blue" from the time Kohli went out for the toss. They were confident about India's win against Pakistan and prove who's the father i.e. a better team.

    Blackberry Limited (NASDAQ:BBRY) Just Reported Decreased Shorts

    Beck Mack & Oliver LLC acquired a new position in BlackBerry Limited during the first quarter valued at $105,000. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at.
  • London fire death toll rises to 79

    May also offer free legal representation for victims who wish to formally air their grievances, The Atlantic reported. Police Commander Stuart Cundy said Saturday that this number, which was based on reports from the public, may rise.

    Number of Presumed Dead in London Fire Rises to 79

    Meanwhile, British Prime Minister Theresa May admitted that support for families in the "initial hours" was " not good enough ". Officials are using dental records, fingerprints and DNA samples to try and positively identify victims.

    One killed as van driven through crowd outside London mosque

    One man was pronounced dead at the scene and 10 people were injured, with eight of them being taken to the hospital. Numerous victims are believed to have just left evening prayers after breaking the Ramadan fast.
  • London fire: Death toll climbs to 79

    May said after the meeting Saturday that there have been "huge frustrations" in the community as people tried to get information. The death toll from the Grenfell Tower block fire in west London has reached 79, the Metropolitan Police confirmed Monday.

    India take on Pakistan in final of ICC Champions Trophy

    Fakhar, who scored his maiden ODI century in style with a four off the 31st over, was awarded Player of the Match. The whole group came together and kept believing and that was a superb thing. "That was an aberration".

    Koepka caps record week with US Open title

    Another who finished in double digits was Rickie Fowler (72), who was poised at yet another major to win only to fall back. Walker Cup teams. "It hasn't sunk in, obviously, yet, and probably won't for a few days", said Koepka.
  • Meghan Markle keeps Prince Harry's ring close to her

    Meghan Markle keeps Prince Harry's ring close to her

    " #Suits " actress #Meghan Markle has kept a low profile about her romance with #Prince Harry since news broke past year . Meghan Markle - known for her role in hit U.S. series " Suits " - is now linked to Prince Harry .
    Stevenson Ranch resident Greene goes No. 2 to the Reds

    Stevenson Ranch resident Greene goes No. 2 to the Reds

    This spring, Peterson went 10-2 with a 1.99 ERA in 12 starts and walked just eight batters in 81.1 innings as a junior. Falvey said the Twins' choice came down to the waning minutes and the decision to pass on Greene was "really tough".

    Isolation of Qatar 'inhumane and against Islamic values', says Turkey President Erdogan

    Qatar Airways CEO Akbar Al Baker said the move by Saudi Arabia and its allies was an "illegal blockade". Erdogan said Qatar had fostered stability and was a key actor in fighting the "Islamic State" (IS).

Most liked

Meal-kit service Blue Apron seeks $3.2 bln valuation in IPO
Though its AmazonFresh program is more advanced than its meal kits programs, both are still limited to certain metropolitan areas. Before last Friday, we thought that Blue Apron's biggest existential threat was Amazon getting serious about food delivery.

EPS for MGIC Investment Corp. (MTG) Expected At $0.26
Hs Management Partners Llc increased Diageo P L C (NYSE:DEO) stake by 426,674 shares to 1.47 million valued at $152.79M in 2016Q4. KBC Group NV's holdings in MGIC Investment Corporation were worth $904,000 at the end of the most recent reporting period.

James Ellsworth Wins Women's Money in the Bank Ladder Match … For Carmella
Lana's in-ring, singles debut didn't go according to plan, losing her Smackdown Women's Championship match against Naomi . Ellsworth declared Carmella the victor before referees could decide if the finish was legal, then the duo rushed off.

Navy Investigates USS Fitzgerald Ship Collision Off Japan
He was injured and airlifted by a Japanese Coast Guard helicopter to Yokosuka, along with two other crew members, the Navy said. The flooding was in two berthing compartments, the radio room and auxiliary machine room, a US Navy spokesman said.

Geri Horner pretends George Michael is close
And the former Spice Girl has branded the "Faith" singer as her "rock", as he was always there to help her in times of hardship. Was acupuncture the reason Geri conceived? Pleased as punch with her newborn, she has described Monty as her "little gift".

See footage from the scene of the most recent London attack
Police say a vehicle struck pedestrians on a road in north London , leaving several casualties and one person has been arrested. The 48-year-old attacker, who has not yet been identified, shouted about killing Muslims. "There was three of them".

Boston Advisors LLC Cuts Stake in Intel Corporation
Jacobus Wealth Management Inc. acquired a new position in Intel Corporation during the third quarter worth approximately $119,000. The Alabama-based Mesirow Financial Investment Management has invested 1.29% in the stock. (NYSE:BMS) for 12,845 shares.

Pakistan Cricket Team Shocks India To Win Champions Trophy
This was Pakistan's third ICC tournament win, having earlier won the 50-over World Cup in 1992 and the World Twenty20 in 2009. The Pakistan Cricket Board is haemorrhaging money and several Pakistani cricketers have been accused of match fixing.

Venus Williams sent packing by Timea Bacsinszky
French players have often crumbled under the pressure of playing a Grand Slam at home but Mladenovic seems to feed off the crowd. This was the second year in a row that Bacsinszky beat seven-time major champion Venus Williams in the fourth round in Paris .

Regency Centers Corporation (NYSE:REG) Moves -1.48% Over the Past 5 Days
The stock of IPG Photonics Corporation (NASDAQ:IPGP) has "Outperform" rating given on Wednesday, November 11 by FBR Capital. On average, equities research analysts expect that Regency Centers Corporation will post $1.22 EPS for the current year.

Energy Transfer Equity, LP Target of Unusually Large Options Trading (ETE)
TNB Financial bought a new position in Energy Transfer Equity, L.P. during the first quarter valued at approximately $203,000. Read Energy Transfer Partners Merged with Sunoco Logistics: Now What? for an in-depth analysis of Energy Transfer Partners.

Tyson Foods lobbyist shot is expected to make full recovery
The surgeon on Friday said he was "a lot more confident and optimistic" about Scalise's recovery than he was two days ago. Sava said Scalise would need to undergo an additional operation within the next 48 hours and more beyond that.

Zaman, Amir propel Pakistan to rout India for first Champions Trophy title
Azam (46), Mohammad Hafeez (57 not out) and Imad Wasim (25 not out) then made sure Pakistan reached insurmountable total. Fakhar Zaman's 114 became the 40th century for a Pakistan batsman against India in an ODI match.

Top Judiciary Democrat wants Comey subpoenaed
The Senate Judiciary Committee is also trying to assert its place in the Russian Federation investigative. hierarchy. Comey's removal will provide us the opportunity to do that on a cooperative, bipartisan basis", added Grassley.

One Dead, 10 Injured As Van Hits Muslims Leaving Mosque
An imam has been widely praised for helping to protect an attacker who mowed down people near a mosque in north London . He complained that the "mainstream media" was unwilling to call the attack a terrorist incident for many hours.