Boeing, Airbus gain bumper harvest at Dubai Airshow with historic deals
01:38, Nov 16, 2017
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Airbus's biggest previous sale came in August 2015 when it sold 250 A320neos to Indian budget airline IndiGo, a deal estimated to be worth 26 billion dollars (£20 billion) at list prices.
Investment group Indigo Partners has bought the Airbus machines to use in its "low-cost" plane rental service, which was founded by the American, Bill Franke; considered to be one of the airline industry's most influential figures. They are US company Frontier Airlines, Mexico's Volaris, Chilean carrier JetSmart and Hungary's Wizz.
The Airbus, Indigo Partners deal isn't just good news for the airplane manufacturer, it will also double the stock of planes across the Indigo Partners low-priced carrier group.
The mammoth deal puts Indigo Partners among the biggest customers by order number for Airbus single-aisle aircraft.
The new Boeing order marks the third order placed by the airline with the U.S. manufacturer in its eight-year history, following on from others placed in 2008 and 2013.
Boeing landed a $15.1 billion order for 40 787-10 Dreamliners from Emirates on Sunday.
With the Airbus order, Indigo Partners, a US-based private equity fund, has doubled its existing order of 427 A320 family aircraft.
An A320neo in the Wizz Air colours
Airbus has signed a deal to sell 430 jetliners, one of the largest orders in the history of commercial aviation.
Airbus and Boeing went into the air show with 288 and 605 net orders, respectively.
Sources told Bloomberg that EgyptAir also is in talks to buy the A320neo, and discounter carrier FlyDubai is looking at up to 175 narrow-body jets from Airbus.
Why are the deals so big?
FlyDubai, which was already a big Boeing customer, is a low-priced rival to Emirates.
Signing this agreement, the Chairman and Chief Executive of the world-renowned airline, S. Ahmed bin Saeed Al Maktoum, did so in the presence of the current Vice President and UAE Prime Minister and also the Ruler of Dubai, His Highness Mohammed Bin Rashid Al Maktoum. "There is enough demand for us and competitors", he said.
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Facebook wants nude photos from Australian users
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