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Airbus Beats Boeing in Air-Show Deals

In Europe, holiday company TUI AG agreed to convert options on 10 Max 8 jets into firm orders worth $1.1 billion, and will also add another 787-9 Dreamliner to its fleet, valued at $265 million.

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Both companies said they were on track to meet their targets of matching orders with deliveries this year, as the industry braces for a period of flatter growth after a recent order boom.

AirAsia, a Malaysian discount carrier, signed a firm agreement to buy 100 A321neos in a deal that swells an already-record order tally for Airbus’s single-aisle family to 575 aircraft.

Among other potential deals at Farnborough, Boeing is expected to firm up at least part of a deal for up to 20 747-8 freighters from Russia’s Volga Dnepr, boosting its declining jumbo jet programme, and could announce a new Asian customer for its 737 MAX 200 jet aimed at low-priced carriers.

China’s Donghai Airlines has announced that it plans to purchase 30 Boeing aircraft worth over $4 billion at list prices, the plane manufacturer said on Monday.

Bloomberg reported Malaysia’s AirAsia was close to a US$12.6 billion deal for Airbus A321 jets, citing sources. The order is valued at $660 million at current list prices.

Analysis of the U.S. airframer’s figures for activity at the show indicates that Boeing secured new orders for 20 aircraft, including seven 787-9s and 13 737 Max 8s, from TUI Group, Ruili Airlines and Air Lease.

Airbus added that Vietnam’s Jetstar Pacific Airlines has indicated its intention to purchase 10 single-aisle A320ceo aircraft worth $980 million.

The deal was one of several significant announcements, so far, at the show, where sales of airliners, engines and associated services were approaching a combined value of nearly $52 billion as of the end of Tuesday.

Cargo Air, Lineas Aereas Suramericanas (LAS) Cargo, will each receive two 737-800BCFs. Air Algerie, based in Algiers, Algeria, signed a commitment for two 737-800BCFs.

The size of this order demonstrates our absolute focus on investing in the future for our customers and our people, and confirms the strength of our business. He announced that the British government will buy 9 new marine patrol planes from Boeing in a decade-long deal worth 3 billion GBP or 3.52 billion euros.

Xiamen’s memorandum of understanding envisages the supply of Max 200s – based on the 737 8 but with an extra door that permits a capacity of 200 – to its low-priced Jiangxi Airlines and Hebei Airlines units, according to a statement issued at the show.

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The US aviation giant is now talking with customers to determine whether there is a large enough market to justify the tens of billions that will need to be spent on developing such a plane.

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