Page 6 - PARIS AIRSHOW 2023 INSIGHT | GBP
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range, isn’t yet a profitable program, and  demand for international travel rapidly coming back, more than
        having a larger version would not only give the  a few carriers will be looking at the aircraft with more than pass-
        company a worthy challenger for the Boeing  ing interest.
        737 MAX 8 but also lower overall production
        costs per aircraft. On the flip side, a larger  Overall, Airbus remains comfortably placed, with a backlog of
        A220 variant would unwittingly become a  7,202 aircraft compared to Boeing’s 4,567 aircraft, but after
        competitor for the 150-seat A320neo.         its forgettable performance in Farnborough, the company will
                                                     be keen to walk away from the ongoing show with a slew of
        Boeing is promoting its newest commercial  orders. Delta Air Lines, which is looking to replace a combined
        jets 737-Max 10 and 777-9, both of which are  fleet of more than 100 older A330 and 767 jets, is reportedly in
        making their show debut. The 737 Max-10,  talks withthe plane manufacturer for a significant wide-body air-
        which was launched at the 2017 edition of the  craft orderthat involves both A350 and A330neo twin-aisle jets.
        Paris Air Show, is designed to carry a maxi-  However, it is not a given that the news will be announced over
        mum of 230 passengers. The aircraft has not  the course of the week. Success could come Boeing’s way from
        completed its certification process yet, but the  the Middle East at the current show, with Riyadh Air looking to
        company expects it to compete well against  purchase around 150 737 Max aircraft and Turkish Airlines eyeing
        the Airbus A321neo, which has a maximum  a massive order of up to 600 aircraft, including both Boeing and
        passenger capacity of 244. According to the  Airbus jets. Indian carriers could end up hogging the headlines
        company, the 737-10 will provide operators  as well, with IndiGo have gone public with its plans to order 500
        with more capacity, greater fuel efficiency and  aircraft and Akasa also looking at a triple-digit order.
        the best per-seat economics of any single-aisle
        airplane. The aircraft type has already met   Springing a Surprise
        with an enthusiastic response from carriers
        around the world, including Delta Air Lines,  Farnborough 2022 threw a surprise, with Embraer stealing the
        Ryanair and Ukrainian SkyUp. Do not be sur-  limelight with orders for as many as 280 aircraft, 35 more than
        prised if the company finishes the show with  Boeing and streets ahead of Airbus that ended the show with
        a few more significant orders for the aircraft.  orders for 29 new aircraft. Both Airbus and Boeing seem to have
        In the 777-9, which can carry 426 passengers  warmed up nicely for the main event of the year, if sales in May
        up to 7,285 nautical miles, the company has  are anything to go by. While the European plane maker delivered
        a clear winner in the long-haul market. With  63 aircraft, Boeing handed over more than 50 jets last month, up
        6 | PARIS AIRSHOW 2023 INSIGHT ∙ JUNE 2023                                              WWW.GBP.COM.SG
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