Boeing Co. secured twice as much in order value at the Paris Air Show as rival Airbus SE, marking the U.S. plane maker's first victory in five years at the aviation industry's annual showcase.
Boeing won orders and expressions of interest for about 420 planes worth as much as $58 billion based on a Bloomberg count through midday Wednesday, getting a boost from demand for the Max 10, the biggest version of its 737 workhorse. Airbus, which posted a tally of 229 airliners valued at about $25 billion, dismissed the setback and said it was focusing on meeting delivery targets to make up for production snags rather than seeking new purchasers.
The haul of about $83 billion in deals easily surpassed the $50 billion signed at last year's show in Farnborough, England, which was the lowest figure since 2010. Asian lessors and airlines were particularly active as they girded for an accelerating travel boom. The order binge reflected customer support for a new Boeing 737 model, and quieted concerns that demand is fading for new jetliners.
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