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Boeing, Ruili Airlines Announce Commitment for 20 737 MAXs

Boeing, Ruili Airlines Announce Commitment for 20 737 MAXs”

PARIS, June 22 Airbus conceded defeat to arch-rival Boeing at the Paris Airshow on Thursday as a last-minute haul of nearly 100 orders, including new interest from Iran, failed to close a gap opened up by the launch of Boeing's new 737 model.

Of the latest batch to be ordered, five will be delivered in the first half of 2019, with the second five scheduled to arrive a year later.

Boeing [NYSE:BA] and Ruili Airlines today announced the signing of a Memorandum of Understanding for 20 737 MAX airplanes at the 2017 Paris Air Show.

"Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994".

"AerCap sees the value in both our single-aisle and widebody airplanes and we're excited to have them join the launch group for the 737 MAX 10", said Ihssane Mounir, senior vice president, Global Sales and Marketing, Boeing Commercial Airplanes.

More news: Debenhams Plc (DEB) Given Average Rating of "Hold" by Analysts

Ryanair operates an all-Boeing fleet and took delivery of its 450th Boeing aircraft in March 2017.

Today's order is a conversion from a previous order of 737 MAX 8 aircraft. "The 737 MAX 10 will be the most profitable single-aisle airplane, offering the lowest seat costs ever and will help Copa Airlines grow their business and win market share in the competitive single-aisle market".

"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", it noted.

But on Wednesday, China's Donghai Airlines said it would convert 10 current 737 Max orders to 737 Max 10 orders.



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