Airbus sealed a landmark order for 40 A220 jets from Polish national carrier LOT on Monday, marking the airline’s largest-ever investment and signalling a broader reset in political ties between Poland and France.

Boeing retreats following fatal Air India crash as Airbus gets the better of it with Saudi Arabian and Polish deals.

The new order will expand the fleets of both All Nippon Airways (ANA) and its low-cost subsidiary Peach Aviation. ANA will receive 14 of the A321neo aircraft, while Peach Aviation will take delivery of 10 A321neo and all three A321XLR jets, making Peach the first Japanese airline to operate the XLR variant.

Boeing and Airbus project more than 40,000 new jets are needed. EVERETT — Both Boeing and its European competitor, Airbus, agree on one thing: commercial jets will be in great demand over the next few decades. For that reason, each manufacturer projected more than 42,000 planes will be needed through 2044.

Polish airline LOT is poised to announce on Monday an order for 40 Airbus A220 plus options for a further 44 aircraft, two people familiar with the matter said.

AviLease, a startup aircraft lessor in Saudi Arabia, is entering the air cargo market with an order for 10 large Airbus A350 cargo jets. Airbus announced the deal at the Paris Air Show on Monday. The deal brings total Airbus orders for the next-generation A350 freighter to 73.

LE BOURGET—LOT Polish Airlines is switching its large regional fleet from Embraer E1s and E2s to the Airbus A220, a decision that opens up the opportunity for the airline to offer more capacity with a single type.

Airbus SE has been sounding out customers appetite for a longer version of its A220-300 jet that would give airlines more seating capacity but at the expense of range.