AVIATION INDUSTRY

Boeing Takes Lead Over Airbus With $30 Billion Worth of Orders on Day 1 of Paris Air Show

The American aerospace giant Boeing took the wraps off its 737 MAX 10 at the Paris Air Show. The company said that it bagged more than 240 orders worth more than $30 billion from at least 10 customers on the opening day of the most extravagant air show in the world. This gave the aerospace behemoth a clean victory over its European counterpart Airbus (EADSY) which managed to land orders worth $12 billion.

The 737 MAX 10 unleashed

The 737 Max 10 happens to be the largest model of Boeing"™s 737 family that can carry up to 230 passengers, thereby putting itself in direct competition with Airbu"™s A321neo jet. The plane is five and a half feet (66 inches) longer than the MAX 9, so it can accommodate more people…

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