Macron kicks off Paris Air Show with airborne entrance

If it flies or hovers, it will be at the Paris Air Show

Boeing's new 737 Max 10 is set to get the go-ahead at the Paris Air Show today.

The 190-to-230-seat Boeing 737 MAX 10, created to narrow a gap against European rival Airbus, will be launched on Monday with over 100 orders, two people familiar with the plans said.

The biennial Paris Airshow, which runs to June 25, is expected to attract 150,000 industry professionals from 2,370 companies.

A handful of airlines were said to be shopping for planes in advance of the show including Peruvian low-priced startup Viva Air, owned by Irelandia Aviation led by the son of Ryanair founder Tony Ryan, which could place an order for Airbus.

As often happens when markets soften, leasing companies will be looking for bargains in Paris next week and are expected to feature prominently in any announcements beyond the MAX 10.

The further stretch should help Boeing recover from a rough start selling the 220-seat 737 Max 9, which has about one-fifth of the firm order backlog amassed by the Airbus A321neo. However, it's only about half the total orders taken at the 2015 Paris show when Airbus took about 421 new orders and commitments compared to Boeing's total of around 331.

Instead, some of the airlines that have become synonymous with air show hoopla in previous years, such as Malaysia's AirAsia, may return to sign up for digital services to make their new fleets more efficient to operate and maintain. Yet the industry remains optimistic about sustained long-term growth. "Adding the 737 MAX 10 gives our customers the most flexibility in the market, providing their fleets the range capability, fuel efficiency and unsurpassed reliability that the 737 MAX family is widely known for".

Boeing is bringing the 787-10 and will increase media attention by giving details about the next model in the pipeline, logically expected to be designated the 797.

But the duopoly is not without challengers: Competition is looming, notably from Russian Federation and China who have each been test-flying their own mid-range models.

The world will need 41,000 commercial jets over the next 20 years, he said, a 4 percent increase from last year's Boeing forecast.

There will also be some 200,000 regular visitors, many of whom will come especially for spectacular displays of supersonic military hardware as fast combat planes break the sound barrier.

The star of the show will likely be the cutting-edge F-35 stealth jet fighter.

When the stealthy hi-tech F-35 fighter jet tears through Paris skies on its first ever acrobatic displays this week, the jet will also be sending a message: North Atlantic Treaty Organisation allies, the United States is still on your side.

Created to creep up undetected on ground targets and for air-to-air combat, the jet will Wow the crowd with daily flights impressing potential foreign customers for Lockheed Martin.

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