The Prague Post - Boeing lands vast Delta MAX jets deal as Farnborough opens

EUR -
AED 4.267356
AFN 76.113966
ALL 92.166078
AMD 421.736293
ANG 2.079682
AOA 1066.692995
ARS 1752.149424
AUD 1.615424
AWG 2.091554
AZN 1.97997
BAM 1.955505
BBD 2.340246
BDT 142.798429
BGN 1.971134
BHD 0.438034
BIF 3474.775108
BMD 1.161974
BND 1.472378
BOB 14.378828
BRL 5.956518
BSD 1.161924
BTN 109.727425
BWP 15.55765
BYN 3.579359
BYR 22774.699702
BZD 2.336947
CAD 1.607883
CDF 2649.302222
CHF 0.936198
CLF 0.027477
CLP 1081.856577
CNY 7.798364
CNH 7.794298
COP 3650.748526
CRC 527.020389
CUC 1.161974
CUP 30.792324
CVE 110.248346
CZK 24.209785
DJF 206.908745
DKK 7.478589
DOP 68.77961
DZD 154.811068
EGP 59.198758
ERN 17.429617
ETB 188.646703
FJD 2.550476
FKP 0.859603
GBP 0.855053
GEL 3.02699
GGP 0.859603
GHS 13.211004
GIP 0.859603
GMD 85.986524
GNF 10213.457177
GTQ 8.87066
GYD 243.093279
HKD 9.110287
HNL 31.192288
HRK 7.538663
HTG 151.957046
HUF 362.37381
IDR 20486.539566
ILS 3.500326
IMP 0.859603
INR 109.795554
IQD 1522.170064
IRR 1597250.113151
ISK 140.878234
JEP 0.859603
JMD 184.182178
JOD 0.823886
JPY 181.564367
KES 150.527262
KGS 101.613627
KHR 4702.289682
KMF 492.677584
KPW 1045.777368
KRW 1564.122666
KWD 0.359039
KYD 0.968354
KZT 529.20006
LAK 26055.064177
LBP 104052.182095
LKR 381.282404
LRD 203.339284
LSL 18.563896
LTL 3.431009
LVL 0.702867
LYD 7.372886
MAD 10.893055
MDL 20.014977
MGA 4985.246939
MKD 61.515708
MMK 2440.225622
MNT 4180.195488
MOP 9.383183
MRU 46.744939
MUR 54.415704
MVR 17.964565
MWK 2014.795649
MXN 19.6225
MYR 4.699378
MZN 74.254502
NAD 18.563896
NGN 1537.536682
NIO 42.76354
NOK 10.815547
NPR 175.56348
NZD 1.968948
OMR 0.446784
PAB 1.161924
PEN 3.897011
PGK 5.238209
PHP 72.879474
PKR 322.223826
PLN 4.31354
PYG 6951.949853
QAR 4.246958
RON 5.254493
RSD 117.332276
RUB 100.55481
RWF 1710.341639
SAR 4.360694
SBD 9.296391
SCR 16.009729
SDG 698.931918
SEK 11.123238
SGD 1.474318
SHP 0.860867
SLE 28.643102
SLL 24366.022846
SOS 664.099682
SRD 43.841882
STD 24050.525606
STN 24.4963
SVC 10.167464
SYP 15107.992009
SZL 18.567195
THB 38.252628
TJS 10.713082
TMT 4.066911
TND 3.391288
TOP 2.797756
TRY 56.264319
TTD 7.865812
TWD 36.818095
TZS 3076.23531
UAH 51.757782
UGX 4386.337409
USD 1.161974
UYU 46.772935
UZS 13704.929762
VES 936.989612
VND 30281.054807
VUV 135.944268
WST 3.15838
XAF 655.857927
XAG 0.01755
XAU 0.000262
XCD 3.140295
XCG 2.094084
XDR 0.821576
XOF 655.857927
XPF 119.331742
YER 275.388335
ZAR 18.555513
ZMK 10459.168805
ZMW 22.222643
ZWL 374.155307
  • CMSD

    -0.0700

    20.69

    -0.34%

  • CMSC

    -0.1100

    20.81

    -0.53%

  • BCC

    2.0900

    79.21

    +2.64%

  • JRI

    -0.0700

    12.14

    -0.58%

  • RBGPF

    0.0000

    70

    0%

  • RIO

    0.4300

    103.27

    +0.42%

  • BCE

    -0.1400

    23.67

    -0.59%

  • RELX

    -1.1400

    35.51

    -3.21%

  • NGG

    -0.0500

    78.12

    -0.06%

  • RYCEF

    0.1400

    19.92

    +0.7%

  • VOD

    0.3200

    16.9

    +1.89%

  • BTI

    -0.6200

    55.35

    -1.12%

  • BP

    0.2300

    43.81

    +0.52%

  • AZN

    -2.0700

    162.7

    -1.27%

  • GSK

    -0.9800

    49.89

    -1.96%

Boeing lands vast Delta MAX jets deal as Farnborough opens
Boeing lands vast Delta MAX jets deal as Farnborough opens / Photo: JUSTIN TALLIS - AFP

Boeing lands vast Delta MAX jets deal as Farnborough opens

US aerospace giant Boeing on Monday fired the first shot in an orders battle with European rival Airbus at Farnborough airshow, clinching a $13.5-billion deal for 100 MAX planes from Delta Airlines in a huge vote of confidence for the crisis-hit jet -- and for the broader sector recovery from Covid.

Text size:

The deal, announced on the first day of Farnborough amid a sweltering heatwave, marks a huge turnaround for the MAX jet which had suffered two deadly crashes in 2018 and 2019.

Outgoing British Prime Minister Boris Johnson meanwhile opened the prestigious five-day event as the aviation sector plots post-Covid recovery.

US carrier Delta lodged its first-ever order for medium-haul MAX 10 aircraft, with options for 30 more of the fuel-efficient planes as it seeks to replace its ageing fleet and cut emissions.

Boeing revealed also that Japanese airline ANA had agreed to purchase 20 of its smaller MAX 8 jets -- worth $2.4 billion -- plus two 777-8 freight planes.

- 'Persuasive case' -

"We always take pride in the quality of our customers and how good they are at their trade," said Boeing chief executive Dave Calhoun, speaking to CNBC after the news.

"What that says about the evaluation of our airplane, vis-a-vis whatever we compete against, their selection of the (MAX 10) plane reflects that," he said, adding that Boeing had made a "persuasive case" for the jet whose production still faces supply-chain issues.

Delta boss Ed Bastian added that the aircraft would help it improve fuel efficiency and secure a "more sustainable future for air travel".

The news comes as airlines worldwide seek to replace ageing fleets with fuel-efficient planes that emit less carbon dioxide.

Defence aerospace companies are also expected to emerge as big winners at Farnborough, with Russia's invasion of Ukraine boosting spending on armed forces worldwide.

Russian companies have been banned from the show due to the war.

The event also coincides with fast-moving political turmoil in Britain after Johnson's recent announcement that he is stepping down as Conservative party leader, sparking a divisive contest to replace him also as prime minister.

- 'Handing over controls' -

"This government believes in aviation and its power to bring jobs and growth to the entire country," Johnson said Monday in opening remarks, before alluding to his exit from Downing Street.

"After three years in the cockpit... I am now handing over the controls seamlessly to someone else. I don't know who," he added, sparking laughter from delegates.

Johnson also noted that his Conservative government was "investing massively in defence".

This year's event -- one of the world's largest civilian and defence shows -- is the first global aviation get-together since the Paris airshow in 2019, before Covid hit.

Farnborough was cancelled in 2020 as the Covid health crisis grounded aircraft and ravaged the sector.

Global air traffic is gradually recovering and in May reached more than two-thirds of its pre-pandemic level, according to the International Air Transport Association.

That recovery has however faced headwinds from rocketing inflation fuelled by historically high energy prices and higher wages, while staff shortages constrain airports and have sparked summer flight cancellations.

- Air displays -

Visitors to Farnborough witnessed air displays by Britain's Red Arrows and South Korea's Black Eagles, as well as from the US-made F-35 stealth fighter.

Airbus and Boeing are showcasing their latest twin-aisle passenger aircraft, the A350-900 and the 777X.

Ahead of the event, Britain issued a historic red warning for extreme heat, with southern England temperatures potentially exceeding 40C for the first time on Tuesday.

"It's pretty challenging and we know that tomorrow is going to be a little bit warmer," said John Paul Frasier, special advisor for Canadian aircraft manufacturer De Havilland.

"People who come to visit are really happy to visit."

L.Hajek--TPP