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


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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