Boeing finds the first buyer for a 737 Max since its grounding

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Boeing finds the first buyer for a 737 Max since its grounding
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Boeing gets a huge vote of confidence for its troubled 737 Max as the owner of British Airways and Aer Lingus announces plans to buy 200 of the jets

Boeing and IAG, the owner of Aer Lingus, British Airways, Iberia and other European carriers, announced a letter of intent on the purchase of the jets at the Paris Air Show. Although IAG does use wide-body jets from Boeing, the purchase is a major shift for IAG, which now almost exclusively uses the A320 family aircraft from rival Airbus for its single-aisle jets.Boeing 737 Max jets were grounded in mid-March in the wake of fatal crashes in Ethiopia and Indonesia.

Meanwhile, Airbus CEO Guillaume Faury told CNN on Tuesday he is not overly concerned about losing this sale to Boeing."I don't think it's a blow," he said."We are very successful with our own single-aisle at the moment. We have a lot of orders and we see the future very [positively]." And Aboulafia said he does not expect this will start a flood of orders for the 737 Max.

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