Boeing is announcing plans for a new, longer version of its 737 Max jet at the Paris Air Show in hopes of boosting orders for the single-aisle plane in its race with European rival Airbus.
The CEO of Boeing's commercial planes operations, Kevin McAllister, said Monday that the 737 Max-10 will offer customers more flexibility and seating space. It is expected to cost a bit more than the 737 Max-9, which runs at $119 million according to list prices.
Boeing will this week show off a 737 Max-9, which has struggled to attract customers.
The Max series of jets are designed to be a more fuel-efficient version of the workhorse 737, Boeing's most popular commercial plane. They compete with Airbus planes in the A320-neo family, aiming at a similar short- to mid-range market.