Boeing on Monday announced the biggest version of its 737 Max family, the Max 10.
Boeing, Spirit AeroSystems’ largest customer, unveiled plans for the Max 10 at the opening of the Paris Air Show.
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The Max 10 will have capacity for up to 230 passengers, be 66 inches longer than the Max 9 – which first flew in April – have different landing gear to compensate for the longer fuselage and fly 200 more nautical miles than the Max 9.
Spirit in Wichita manufactures 70 percent of the 737 Max, including all of its fuselage. The addition of the Max 10 extends the life of the 737 program, and Spirit’s backlog of work.
The airplane is expected to directly compete with Airbus’ new A321neo, or new engine option, which has been a runaway hit for the European planemaker in terms of orders.
“Boeing claims that the new model has a 5% cost advantage versus the Airbus A321, but we’re not sure that the definitions in this comparison reflect real world airline operations,” wrote Vertical Research Partners analyst Robert Stallard in a Monday afternoon note to investors. “We’ll be interested to hear what Airbus’ response to the aircraft is.”
Boeing also announced it has more than 240 orders and commitments from more than 10 customers for the airplane. Analysts including Stallard estimated 66 of those orders were converted from orders for smaller Max variants.
Max 10 customers include Lion Air and SpiceJet, and aircraft lessors GE Capital Aviation Services, TUI Group, BOC Aviation and Tibet Financial Leasing, the launch customer for the Max 10.
Boeing said the Max 10 will be introduced around 2020.