Boeing soars at Paris air show, but supply chain has trouble keeping up

06/19/2015

After what some described as lengthy negotiations, Boeing (Chicago) and AerCap (Schiphol, Netherlands) announced an order for 100 737 MAX 8 airplanes today (June 16) at the annual Paris Air Show. The order, valued at $10.7 billion at current list prices, is the first 737 MAX order for AerCap, and the biggest order so far at the Paris Air Show, according to a release from Boeing.

Other Boeing announcements on Tuesday included a commitment from Ruiti Airlines, a low-cost Chinese airline, for 30 planes from the 737 MAX range and a preliminary deal for 30 737 planes from Chinese leasing company Minsheng Financial. Ireland-based leasing company SMBC Aviation Capital ordered 10 of the 737 MAX 8 jets, worth up to $1 billion. Korean Air announced its intent to purchase 30 737 MAXs and two additional 777-300ER (Extended Range) jetliners, with options for an additional 20 737 MAXs, in a deal worth approximately $3.9 billion at current list prices.
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