20 June, 2017
The F-35 Lightning II Joint Strike Fighter aircraft during its first night flight near Edwards Air Force Base, California, in January 2012.
According to the organizers, about 2,380 exhibitors from 91 countries will bring some 130 new civil and military aircraft expected to perform flying displays and to be exhibited.
But Boeing generated a burst of activity on the opening day by launching the 737 MAX 10 to plug a gap in its portfolio at the top end of the market for single-aisle jets, following runaway sales of the rival Airbus (AIR.PA) A321neo.
The 737 competes with the Airbus A320neo family of jets that the European manufacturer introduced past year, which has had about 4,600 orders.
While Airbus and Boeing dominate the world's civil aviation industry, the duopoly is not without challengers: Competition is looming, notably from Russian Federation and China, which have been test-flying their own mid-range models.
"Simply put, the 737 MAX 10X would be the most profitable single-aisle airplane the industry has ever seen", he wrote in a blog entry.
Airbus will also showcase its new long-haul model A350- 1000 and Boeing its 787-10 Dreamliner, while Ukraine's Antonov will present its 132 D.
Airbus and General Electric's aircraft leasing arm, GE Capital Aviation Services (GECAS), announced the firm order Monday.
The 737 Max 10, which will be Boeing's first new model since the unveiling of the 777X series at the Dubai Air Show in 2013, will be 1.68 metres longer than the Max 9, now the biggest member of the re-engined 737 family, which was launched alongside the Max 7 and 8 in 2011.
These orders reflected a positive outlook for the aerospace industry around the world, ADS Group, the trade organisation representing the aerospace, defence, security and space sectors, said.
Airbus chief Fabrice Bregier said on Monday the company was in talks with several potential customers for the upgraded plane.
But it is not all bad news for the two main players.
"The first day of the Paris Air Show has seen positive news for the aerospace sector, both around the world and in the United Kingdom", said ADS chief executive Paul Everitt.
"It's still too early to tell the root cause", he said.
Divided into two parts, the air show trade days from June 19 to 22 are reserved to trade visitors only.
Some 200,000 member of the public are expected to visit the air show, which runs to June 25. Boeing Global Services must get away from the company's heritage as a heavy industrial manufacturer to provide faster, competitively priced services.
This is published unedited from the PTI feed.