"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.
ECB's Forum in Focus, Asia Markets Close Mostly Lower
The financial index's 1.16 percent rise led the gainers, with Bank of America, JPMorgan and Citigroup all up more than 1 percent. Government bonds were belted after Mr Draghi's speech, with German two-year yields hitting their highest since last June.
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.
Tech titans meet in White House
The summit will kick off the White House's Technology Week, during which time it will pay special attention to technology issues. Palantir CEO Alex Carp spoke about how big data could help stop fraudulent federal spending.
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.
Trump's tweets say he's under investigation-but his team disagrees
Some of Sekulow's exchanges with Wallace were tense and confusing, leading Wallace to say, "Oh boy, this is weird". You said: "'He is being investigated'".