"The orders for Airbus are still very much dependent on geopolitics".
But China's economic expansion is slowing, even though it remains above 6 percent a year. "We are proud to be here to deliver this message with Boeing and are convinced that the 737 MAX will provide us with a stronger competitive edge to contribute to our existing and future airline clients as an operating lessor". The plane maker said the rest, about 43%, will be used to replace less-efficient planes being phased out. 29,530 new airplanes will be needed in this segment, an increase of nearly 5 percent over a year ago.
Monarch has also selected Boeing as its flight training provider for its 737 MAX fleet and will be entering into an agreement with Boeing subsidiary AerData for services pertaining to aircraft records management.
It said this would allow it to lower fares "while ensuring that Ryanair remains Europe's greenest and cleanest airline".
Boeing's head of airplane developments also told Reuters he was "very optimistic" of pressing ahead with a mid-market jet project created to open up new routes from the middle of the next decade.
Ronaldo helps Portugal into Semis, Russia out
Cristiano Ronaldo's 75th global goal helped lift Portugal to a comfortable 4-0 win over New Zealand on Saturday in St. Chile face Australia and Germany play Cameroon on Sunday to determine the final standings in Group B.
The deal includes an option for a further 50.
In a symbolic change likely to rankle with its European rival, Boeing ditched its forecast for very large four-engined airplanes such as the Airbus A380 and its own 747-8.
Meanwhile, Boeing's only firm order came from Israel's El Al, which signed for two 787-8s and a single 787-9, firming a commitment originally announced in 2015.
Avolon chief executive Dómhnal Slattery said the order was the biggest the company had placed with Boeing to date.
Okay Airways orders 15 737 MAX jets, valued at $1.8 billion at current list prices.
Arizona wildfire forces hundreds from homes
A wildfire is surging out of control near vineyards on California's Central Coast. (Micah Escamilla/The Press-Enterprise via AP). Briggs said when it emerges from there, firefighters hope to get a better handle on it as it moves into lighter sagebrush.
The Boeing and Airbus outlooks are broadly similar, though the US manufacturer counts smaller planes not in its rival's forecast.
American aerospace giant Boeing has raised its forecast for new airplane demand.
But analysts expect demand at the June 19-25 event to fall short of recent years, and some aviation companies themselves have cut back staff and hospitality at the show.
Airbus, however, maintains an edge over Boeing in its total backlog. The plane that is due to enter service in 2020 can seat up to 230 passengers and is Boeing's largest narrowbody.
Fortunes rise and fall at the Paris Air Show.
What you need to know to combat cyber attacks
Nuance Communications, a major provider of voice and language tools fell victim to the global ransomware attack on Tuesday. Ukrainian firms, including the state power company and Kiev's main airport, were among the first to report issues.