French plane firm Airbus soars ahead with record order
16 Ноября, 2017, 02:17 | Author: Lester Mason
Airbus announced on Wednesday that it will sell 430 airplanes to US firm Indigo Partners for $49.5 billion in the European firm's biggest deal ever.
Indigo Partners, a U.S. firm, ordered 430 medium-haul A320neo and A321neo jets from the Toulouse-based company, at a cost equivalent to over United States dollars $50 billion, according to reports.
Wednesday's deal will see the 430 aircraft split between the Phoenix-based equity firm's Frontier Airlines and three other ultra low-priced airlines, including Mexico's Volaris; Hungary's Wizz Air; and Chile's JetSMART.
But Boeing, too, managed to grab another sizable order on Wednesday with flydubai committing to 225 aircraft for its 737 MAX type in a deal worth $27 billion.
Though Boeing has dominated the show from the start, Airbus could not be written off, as Airbus sales chief John Leahy, known to be a veteran of last-minute air show surprises, was planning a blockbuster climax to a 20 plus year stint as marketing boss. A320neos list for $108.4 million apiece and A321neos at $127 million.
Boeing stole the early headlines with an order for 40 planes, worth $15 billion at list prices, from Dubai's Emirates airline on Sunday.
Airbus SE announced the biggest commercial-plane deal in its history, securing an order valued at almost $50 billion for 430 planes from its single-aisle A320neo line.
While European aircraft maker Airbus struggles to find new buyers for its A380 super-jumbo, the company has inked its biggest single order for its smaller A320neo family of aircraft at the Dubai Air Show.
For instance, Indigo Partners likely received a discount in the neighborhood of 45% to 48%, Airways senior business analyst Vinay Bhaskara told Business Insider.
The future of the A380 has become a dominant talking point at this year's aviation expo in Dubai, after Airbus failed to clinch a widely expected deal on the first day of the event.
The battle of the plane makers is heating up this week.
The order for Dubai's flydubai, meanwhile, follows orders placed in 2008 and 2013, bringing the total number of aircraft the airline has on order, to 320.
Emirates now relies exclusively on the Airbus 380 and the Boeing 777, making it the largest operator of both.
The Emirates' snub even came up at the news conference Wednesday, when a reporter asked Airbus if another deal could be coming.
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