Farnborough slow roasts jet deals in scorching heat

Boeing unveiled orders for dozens of 737 MAX jets on Tuesday as Britain's Farnborough Airshow, back after a four-year pandemic-induced hiatus, braved the hottest day on UK record. While the second day of one of the industry's biggest events saw a relatively modest flow of orders, the minds of most aviation bosses were focused on fixing broken supply chains - and ducking from one air-conditioned chalet to another. Stabilising fractured supply chains rather than adding to bulging order books is the main focus of this year's event, though Boeing is keen to shore up its 737 MAX programme with deals following a safety crisis and regulatory issues. Miami-based airline investor 777 Partners ordered 30 MAX in a deal that could rise to 66 planes if options are exercised. That comes after a deal for 100 MAX 10 airliners from Delta on Monday - a boost for a model whose future has been clouded by an elusive year-end deadline for certification in time to avoid costly rule changes. "I think you can check the reboot box and now we're just into the normal Boeing versus Airbus continuing to compete hard for each customer," Boeing Commercial Airplanes CEO Stan Deal told reporters. Lessor ACG ordered 12 737 MAX while Delta Air Lines placed an order for 12 A220 jets from Airbus. Regional planemakers Embraer and ATR also announced deals. Still, the volumes seen so far pale in comparison with former events. Cancelled in 2020 due to COVID-19, the biennial event saw headline deals worth more than $190b when last held in 2018.<br/>