Boeing inks deals to sell 30 aircraft at Farnborough Wednesday, bringing its show total to 267

FARNBOROUGH, England, 11 July 2012. Boeing Commercial Airplanes in Seattle booked orders and options for 30 aircraft Wednesday at the Farnborough International Airshow in Farnborough, England, bringing the company's total in the Farnborough aircraft-sale sweepstakes to 267.

Wednesday's orders from Avolon, a Dublin-based aircraft leasing and management company, open Boeing's lead in Farnborough aircraft sales over archrival Airbus in Toulouse, France. As of close of business Wednesday Airbus had sold 61 aircraft at Farnborough.

In Wednesday's deal, Avolon agreed to buy 10 737 MAX 8 and five 737 MAX 9 next-generation, fuel-efficient single-aisle passenger jets from Boeing, as well as 10 next-generation 737-800s. The commitment, worth $2.3 billion, also includes reconfirmation rights for five more 737 MAX airplanes, Boeing officials say.

The twin-engine 737 MAX, a new-engine variant of the popular 737 narrow-body passenger jetliner uses the CFM International LEAP-1B engine. Airlines operating the 737 MAX will see a 13 percent fuel burn improvement over today's most fuel efficient single-aisle airplanes, Boeing officials say.

Boeing designed the 737 MAX as a direct competitor in the single-aisle jetliner market with the Airbus A320neo. Both aircraft are touted as fuel-efficient, low-emission aircraft that take advantage of new engines and new aerodynamic features.

As of Wednesday, Boeing had sold 242 737 MAX aircraft at and shortly before Farnborough. Airbus, has sold four A320neo aircraft at Farnborough. The A320neo is short for new engine option.

For more information contact Boeing Commercial Airplanes online at http://www.boeing.com/commercial/, or the Farnborough International Airshow at www.farnborough.com. Also follow Military & Aerospace Electronics and Avionics Intelligence daily Farnborough show coverage online at www.militaryaerospace.com/farnborough-report.

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