A flurry of order activity to start Day 1 of the Farnborough Airshow ended with a torrential downpour that forced the show to close early on Monday.
An epic rain storm falls on Farnborough.
While the 787 and 737 MAX weren’t able to fly due to the rain storm that flooded several areas of the show grounds, that didn’t stop both airplanes from gaining customer orders.
China’s Xiamen Airlines signed a Memorandum of Understanding for up to 30 737 MAX 200s. Donghai Airlines signed an Intent to Purchase 25 737 MAX 8s, along with five 787-9s.
Later, the 737 MAX was at the core of Boeing’s biggest ever services contract announcement. Norwegian committed to expanding GoldCare coverage from its existing 787 fleet to its entire fleet of 108 737 MAXs on order.
Commercial Airlines president and CEO Ray Conner and Bjorn Kjos, CEO of Norwegian, after Norwegian signed Boeing’s biggest ever services contract announcement.
We also announced that we’re moving forward with an improved 737 MAX 7— an airplane that will give our customers more seats and more range.
I had the pleasure of unveiling our new 20-year forecast, the Current Market Outlook. We’re projecting the demand for 39,620 new airplanes, a 4.1-percent increase over last year’s forecast. Those airplanes are valued at $5.9 trillion.
The single-aisle market will be especially strong, and there’s no question the heart of that segment is around the new Boeing 737 MAX 8 and the current 737-800. Airplanes that size already account for 76 percent of the global single-aisle backlog, and our products have the clear advantage in that space.
With any luck, we’ll get the MAX and 787 in the air tomorrow. More to come from Farnborough.