Jun 23, 2017: The Seattle-headquartered aircraft manufacturer Boeing strengthened its market position by bagging the maximum commercial planes orders worth multi-billion dollars. While Boeing bagged orders for a total of 571 aircraft, valued at $ 74.8 billion, Airbus won commitments for a total of 326 aircraft worth $ 39.7 billion.
Paris Air Show reflected the strong growth momentum witnessed in the aviation segment. The close to 900 craft orders between the two leading aircraft manufacturers only growing interest by aviation segment players worldwide.
Boeing 737 MAX 10, the newest member of the 737 MAX family marred shadow over Airbus with more than 361 orders and commitments from 16 customers worldwide. This shows that 737 MAX 10 is the most efficient and profitable single-aisle airplane.
On the other hand, A320 family aircraft sales and commitments were robust, with a total of 306 aircraft worth $33.8 billion. This total comprises 132 firm orders worth $ 14.7 billion, and MoUs for 174 aircraft worth $ 19.1 billion. In the wide-body segment, Airbus won firm orders for 20 aircraft worth $5.9 billion, comprising 12 firm orders worth $ 3.6 billion and MoUs for eight aircraft worth $ 2.3 billion.
John Leahy, CEO Customers, Airbus Commercial Aircraft said, “Our commercial success this week at Paris extends our already diversified order backlog to a new industry record of over 6,800 aircraft, with 326 orders worth $ 40 billion.”
Boeing revealed its 2017 market outlook, raising its 20-year outlook to more than 41,000 new aeroplanes, valued at $6.1 trillion. Boeing also forecasts significant growth in the Aerospace Services Market, projecting $2.6 trillion demand in commercial and government services for the next 10 years.
Looking further into the future Product Development VP at Boeing, Mike Sinnett, looked at advancing autonomous technology to help enhance safety, decision-making and traffic management in the face of continued projected growth in air transportation.
Boeing also announced the launch of Boeing AnalytX, which has brought together more than 800 analytics experts from across the company focused on transforming data into actionable insights and customer solutions.
Airbus launched a new open aviation data platform called Skywise to support the digital transformation of the industry and add value for our customers’ operations.