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SMBC Aviation Capital Orders 100 Boeing 737 MAX Jets
- On Monday, Boeing and SMBC Aviation Capital announced an order for 100 737 MAX jets at the Farnborough Air Show in the United Kingdom, marking the first standout deal of the event.
- Following production quality issues, lawsuits, and an overhaul of its governance, Boeing aims to stage a major comeback at the Farnborough Air Show, seeking to return to deal-making after sitting out last year's event.
- The order covers 60 737-10 and 40 737-8 aircraft. Stephanie Pope, president and CEO of Boeing Commercial Airplanes, said the order "reflects the strong demand we are seeing for the 737 MAX family."
- With this order, SMBC increases its owned, managed and committed to portfolio for the 737 MAX family to 450 jets, as CEO Peter Barrett said it supports "growth ambitions well into the next decade."
- As global passenger traffic is forecast to grow 4% annually over the next two decades, lessors are increasingly looking to grow and diversify their single-aisle portfolios to provide airlines with fuel-efficient jets.
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Electric Aircraft Outshine Boeing, Airbus Deals as Farnborough Air Show Kicks Off
The Farnborough International Airshow is held biennially in even years, leaving the odd years to the Paris Air Show because nothing rivals a week in the City of Light like spending one in a Hampshire town full of chain pubs. To kick off the week, it’s typical for the world’s two largest commercial aircraft manufacturers, America’s Boeing and Europe’s Airbus, to make a show of dealmaking force. On Monday, they did not disappoint, but it was a pai…
·New York, United States
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The first major order of the Farnborough Airshow 2026 is here. SMBC Aviation Capital orders 100 Boeing 737 Max. For the first time, the leasing company also buys the largest variant.
·Berlin, Germany
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Coverage Details
Total News Sources28
Leaning Left4Leaning Right3Center3Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 30%
R 30%
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