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Boeing Overwhelms Airbus as Asian Customers Seek Stretched 737

  • Airlines, lessors expand as Asian middle class travels more
  • Orders look set to revive from six-year low at 2016 air show
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Boeing's Muilenburg Is Bullish on Paris Air Show Orders

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Boeing Co. dominated the deal flow at the Paris Air Show, overwhelming rival Airbus SE on the back of Asian demand for the new Max 10, the biggest version of its 737 workhorse.

The U.S. planemaker secured orders and expressions of interest for about 350 jets worth as much as $48 billion as of Wednesday morning, compared with Airbus’s tally of 229 airliners for about $24 billion. While both manufacturers have more sales contracts in store, Airbus has basically conceded the race this year, saying it’s focusing on meeting delivery targets to make up for production snags rather than seeking new purchasers.