SpiceJet signs pact with Boeing for 10 737 max 10 planes

Gladys Abbott
June 20, 2017

Boeing predicted demand for 920 cargo planes, down 1 percent from its previous forecast. The stretched Max 10 will become the latest variant in Boeing's 737 Max family, which also includes the smaller Max 7, Max 8 and Max 9 types.

The Lion Air Group, which consists of several carriers in the region including Malaysia-based Malindo Air, is already one of the world's largest Boeing 737NG operators and has previously ordered 201 MAXs.

The first member of the Max family, the Max 8, entered service last month, flying with a Malaysian low-priced airline, Malindo Air.

The airline also signed a memorandum of understanding for five 787-9 Dreamliners as part of its long-term fleet strategy and expansion.

Industry sources said that Airbus would soon announce an order for 10 of its A350-900 wide-body jets from Ethiopian Airways, while it also looked set to clinch a $5 billion deal with low-priced carrier Viva Air Peru.

Boeing announced the launch of the 737 Max 10 as the newest member of the 737 Max family.

Boeing's list price for those 94 new orders is about $11.7 billion.

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More than £100m is now being invested in the A320 wing assembly line at Airbus in Broughton, North Wales in order to equip the factory with new, semi-automated pulse line technology systems to improve efficiency and ensure readiness for a ramp-up in production levels.

However, Airbus immediately struck back with an order for 100 of its popular A320neo planes from leasing firm GECAS, as well as a deal for twelve A321neos with Air Lease Corporation.

Though Airbus claims its jet has more range, Leverkuhn vehemently challenged that.

Airbus is developing a new version of its A380 - the A380plus - which has fuel-saving wingtips, but Airbus boss Fabrice Bregier says it will only go into production if there is a "large" order. With two extra auxiliary tanks the A321 has slightly more range than the 3,000 nautical miles of the MAX without such tanks, Leverkuhn said.

"The MAX 10 is going to add more value for customers and more energy to the marketplace", Boeing chief executive Dennis Muilenburg said at a presentation ceremony. "Combining the increased capacity of the 737 MAX 10 and the CFM International LEAP-1B engines offers our customers many benefits".

The 737 MAX 10 is a single-aisle jet which can carry up to 230 people in a single-class configuration. But the 10 has two extra rows of seats. Airlines prize the models with added seats because it allows them to spread costs over more passengers, typically boosting returns when planes are full. The Max 9 will continue flight testing until it is certified to begin flying for commercial airlines - likely in 2018.

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