Boeing launches 737 MAX 10 with 240 orders, commitments

Airbus announced the first big deal of the week: a firm order for 100 single-aisle A320neo planes by General Electric's aircraft leasing arm, GE Capital Aviation Services (GECAS).

French President Emmanuel Macron landed at the Bourget airfield in an Airbus A400-M military transport plane to launch the aviation showcase, where the latest passenger jets will vie for attention with an F-35 warplane, drones and other high-tech hardware. Boeing defined some of the proposed modifications to the MAX 10 - then designated the10X - in January.

The Max 10 is 66 inches longer than the Max 9 at 143ft 8in (43.8m), but its slightly bigger passenger capacity means its range is 300 nautical miles less than the 3,515 of the Max 8 and 9.

The A320neo range of jets, created to use less fuel than the original and widely-used A320s, have proven popular and are competing with Boeing's 737 Max series in the short to mid-range market. Other alterations to earlier versions include a variable exit limit rating mid-exit door, a lighter, flat aft pressure bulkhead and a modified wing for low-speed drag reduction. The aircraft will be capable of seating up to 230 passengers, with Boeing claiming a 5% seat-mile cost and trip cost advantage over its nearest competitor, the Airbus A321neo.

In two decades as the sales boss at Airbus SE, John Leahy has racked up a staggering $1 trillion-plus in orders ranging from diminutive A318s that list for about $75 million up to the double-decker A380, with a price tag topping $400 million.

In smaller single-aisle planes, Airbus's A320neo family could be considered by European discount operators, but risks being overshadowed by Boeing's 737. The 737 Max 9 is expected to be delivered to airlines in 2018.

"The 737 Max 10 extends the competitive advantage of the 737 Max family and we're honoured that so many customers across the world have embraced the outstanding value it will bring to their fleets", said Boeing commercial airplanes president and chief executive Kevin McAllister.

The budget carrier had in 2014 placed an order for 55 737 MAX jets with Boeing.

The US planemaker is discussing a deal with India's SpiceJet Ltd for about 20 of the 737 Max 10 aircraft, said the people, who asked not to be identified as the discussions are private. TUI already had 70 unfilled orders for the 737 MAX and will convert 18 of those existing orders to the 737 MAX 10.