Skip to content

Boeing's 737 MAX takes center stage at Farnborough, even as biggest model faces delay

July 19, 2022
5 min read
Boeing 737 MAX 10 Farnborough-1
Boeing's 737 MAX takes center stage at Farnborough, even as biggest model faces delay
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

The MAX is back.

Boeing's 737 MAX took center stage by the second day of the Farnborough Airshow outside London, with several high-profile orders as the U.S. planemaker struggles to overcome a troubled rollout and certification delays.

Boeing opened the show Monday morning by finally confirming what was perhaps the worst-kept secret in aviation: an order from Delta Air Lines for 100 of the largest of Boeing's current single-aisle products, the 737 MAX 10, along with options for 30 more.

The planemaker, soon to be headquartered in Arlington, Virginia, also finalized a previously announced deal on Monday with Japan's All Nippon Airlines (ANA) for 20 737 MAX 8s with options for 10 more. ANA also said it was converting two outstanding 777-9 passenger orders into 777-8 Freighters.

On Tuesday, Boeing announced an order from 777 Partners, a private equity firm that owns stakes in several airlines, for 30 of the high-capacity 737 MAX 8-200 variant with options for 36 more. Coupled with earlier orders, that brings 777 Partners' order book potentially as high as 134 MAX aircraft, if the options are exercised. The investment firm has ownership stakes in Canadian ULCC Flair and new Australian carrier Bonza.

Also on Tuesday, Boeing finalized an order for 12 additional 737 MAX 8 jets to airplane lessor Aviation Capital Group, adding to 22 previously ordered.

AvGeek delight: A look inside Boeing's 737 MAX factory

It was a relative home run for Boeing during a somewhat quiet Farnborough airshow as the company works to overcome lingering doubts about the aircraft stemming from two fatal crashes of 737 MAX aircraft, one each in 2018 and 2019, which killed 346 people. The MAX was grounded for nearly two years as Boeing redesigned the plane's flight control system and the FAA scrutinized, and eventually recertified, the type.

Notably, the Delta deal is for the MAX 10, the largest, and newest, variant of the aircraft.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

The MAX 10 is still undergoing the certification process with Boeing and the FAA. The planemaker has said it expected to certify the plane by year's end, a timeline with a renewed sense of urgency.

A 2020 law that goes into effect at the end of this year requires all newly certified plane types to have a new type of cockpit alerting system. Adding that system to the MAX 7 and -10 models would be costly for Boeing and would negate the variants' commonality with previous 737 MAX and NG models, a major selling point for the plane. In essence, it would be considered a different plane type rather than a variant.

Related: Boeing finds launch customer for 777X freighter

If the plane is not certified by year's end, Boeing would need Congress to waive the requirement in order to be able to sell the variants without the new system, although the Delta order could add pressure on Congress to issue the waiver or grant an extension. The MAX 7 is further along in the certification process than the -10.

That timeline appeared to have slipped into 2023, industry publication The Air Current reported late Monday. A 2023 certification would mean that Boeing would require Congress to waive the EICAS requirement for the model, which appeared likely.

Boeing has also been bereft by delays related to its newest aircraft, the 777X, which was on display at the airshow. Despite originally targeting 2020, that model's certification looked likely to drag into 2024, with deliveries not starting until early-2025. Emirates, one of the most prolific customers of the 777X, has repeatedly expressed frustration over the delays.

Boeing is also still struggling to resume deliveries of its 787 Dreamliners following manufacturing defects being discovered, although Boeing Commercial CEO Stan Deal implied that the planemaker was "very close" to restarting.

During the show, Boeing also secured several deals for 737-800BCF converted freighters, and sold five additional 787 Dreamliners to aircraft lessor AerCap.

Boeing's relative success during the first two days of Farnborough, even despite the numerous negative issues, was especially notable in comparison to rival Airbus, which only announced one sale by Tuesday evening: Delta Air Lines firming up options for 12 additional A220-300s.

Brazilian regional jet-maker Embraer secured two orders on Tuesday: One with Canadian airline Porter for 20 additional E195-E2 jets, converting options from a 2021 order, and one with Alaska Airlines regional carrier Horizon Air for eight E175s with options for 13 more.

To Boeing, the handful of MAX sales were a hard-fought win, making up a significant portion of about 1,000 orders since the type was recertified in late-2020.

Boeing's Deal said he was taking it as a sign that things were getting closer to normal in the single-aisle duopoly between Boeing and Airbus.

"I think you can check the 'reboot' box," he said during a question-and-answer session following the Aviation Capital Group announcement, referring to the post-crash work fixing and recertifying the airplane and working to regain customer confidence. "Now we're just in the normal Boeing-versus-Airbus competition for customers' business."

Still, it's too soon to declare Boeing the winner of Farnborough. The show continues through Wednesday, and both major planemakers have plenty of time to announce new orders.

Featured image by DAVID SLOTNICK/THE POINTS GUY
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

TPG featured card

Rewards rate
4XEarn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
4XEarn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
5XNew! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
3XEarn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
2XEarn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
1XEarn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
Intro offer
Open Intro bonus
As High As 100,000 points. Find Out Your Offer.
Annual fee
$325
Regular APR
See Pay Over Time APR
Recommended credit
Open Credit score description
Excellent to Good

Pros

  • Valuable dining and food-related credits
  • Flexible rewards with airline and hotel transfer partners
  • Multiple travel and purchase protections
  • No foreign transaction fees
  • Access to Amex Offers for additional savings (enrollment required)

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
  • Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
  • Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
  • Updated! $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
  • $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
  • $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
  • New! As an American Express® Gold Card Member, you can enjoy complimentary Hertz Five Star® Status. Enjoy benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
  • Take advantage of a $100 credit towards eligible charges* at over 1,300 upscale hotels worldwide when you book The Hotel Collection through AmexTravel.com or the Amex Travel App **. *Eligible charges vary by property. **The Hotel Collection requires a two-night minimum stay.
  • Book your travel through the Amex Travel App with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
  • Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.