Boeing, Aviation Capital Group Announce Order for 20 737 MAX 8s


Vietnamese airline VietJet added to a previous order with a Memorandum of Understanding for an additional 100 737 MAX aircraft - 80 MAX 10s and 20 MAX 8s.

Orders for aircraft are now sat at $95.5bn, which is $23bn up on the first two days of the 2016 Farnborough Airshow. Boeing launched the newest and largest 737 variant at the aviation industry's annual trade expo in Paris previous year in an effort to counter the sales success of Airbus SE's A321neo.

However, aircraft finance industry sources have expressed doubts over whether all the planes on order would be delivered on schedule amid a glut of airplane orders in the region.

As a result, the trade show has also become the battleground where Airbus and Boeing hold dueling press conferences to announce sale after sale after sale.

Chicago-based Boeing won 528 orders and commitments at the event, while Airbus tallied 431, or 371 when subtracting 60 Bombardier CSeries jets, which the French plane maker recently acquired and rebranded as the A220.

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Thursday saw an unusually high level of activity for a fourth day of the air show, with Airbus and Boeing trading blows to rack up more than $32 billion of orders at list prices. The total value of the deal is $2.8 billion at list prices.

Boeing Co and USA aircraft leasing firm Jackson Square Aviation said on Monday they had reached a firm agreement over the purchase of 30 737 MAX 8 aircraft.

BoeingJet Airways Boeing 737MAX 8 rendering.

Aviation Capital Group is one of the world's premier full service aircraft asset managers with 465 owned, managed and committed aircraft as of March 31, 2018, which are leased to approximately 95 airlines in approximately 45 countries. China's Sichuan Airlines confirmed its order for 10 A350-900s worth $3.2 billion. Volga-Dnepr Group and CargoLogicHolding signed a letter of intent to acquire 29 777s and confirmed an order for five 747-8 freighters. Stay tuned for more.