Vietjet and Boeing sign US$12.7 billion deal

Orders For U.S. Manufactured Goods Decline By Largest Margin In

Orders For U.S. Manufactured Goods Decline By Largest Margin In

The plane maker also reached an agreement at the airshow with GE Capital Aviation Services for 35 737-800 converted freighters.

The fuel-efficient, narrow body aircraft, valued at $8.8 billion at current list price, will be delivered over 10 years.

Seacons Trading has ordered a 737 MAX 7 from Boeing Business Jets (BBJ), the 20th MAX order for BBJ.

In a week-long competition to land multi-billion dollar deals, Boeing beat Airbus to the top spot with 528 new orders and commitments at the Airshow, boosted by a renewed rise in air cargo markets.

But the list was heavily overshadowed by deals where the names of the buyers were undisclosed - an unusual phenomenon at a high profile event specifically created to attract publicity.

The 787 Dreamliner is a family of super-efficient and long-range airplanes that use 20 percent less fuel than the airplanes it replaces.

The draft deal comes two years after Boeing upstaged Airbus by clinching an order for 100 737 MAX jets during a visit by then-U.S. President Barack Obama. The order will be listed on Boeing's Orders and Deliveries website once it is finalized.

But the planemaker's hopes of securing an immediate extra order for 100 smaller A321neo from AirAsia as it haggled over the expanded wide-body order were dashed.

One of the biggest orders of the day came from Republic Airways who signed a letter of intent for up to 200 of the E-Jets.

An unnamed customer has placed an order for 10 A320neo aircraft.

The companies said VietJet, one of the fastest-growing carriers in southeast Asia, needed the planes to satisfy surging demand on high-dense domestic routes as well as popular routes throughout Asia. The manufacturer calls it "an advanced analytics solution enabled my multi-source surveillance data".

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