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vegassports-odds.com November 19, 2017


Airbus clinches biggest order in its history

15 November 2017, 10:32 | Melvin Schneider

Airbus Nears Deal for 430 Jets With Indigo Partners

A plane of Al Fursan or the Knights a UAE Air Force aerobatic display team performs during the Dubai Air Show United Arab Emirates Monday Nov. 13 2017

Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-priced industry and turning the annual race between Airbus and Boeing for plane orders on its head.

Wizz Air Holdings Plc announced today at the Dubai Airshow, that following a competitive selection process, it has signed a memorandum of understanding with Airbus S.A.S. relating to the purchase of a further 146 Airbus A320neo family aircraft (72 A320neo and 74 A321neo).

Indigo Partners' managing partner, Bill Franke agreed the deal with Airbus after he flew into the Dubai Air Show earlier Wednesday.

The order, believed to be the biggest ever for Airbus, will more than double the value of the airline's sales for the year.

The order by Indigo Partners trumps the 2015 order for 250 single-aisle planes valued at $27 billion by Indian budget carrier IndiGo. Airbus declined to comment.

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The deal includes aircraft for Wizz Air, Frontier Airlines, Jetsmart and Mexico's Volaris.

That has triggered industry talk of a swan-song order worth tens of billions of dollars to be negotiated by Leahy before end-year.

The air show is proving a positive one for Airbus, who began the annual event lagging behind rival Boeing in the order department in 2017, so far.

The deal marks a major coup for Airbus's Chief Operating Officer John Leahy, who is expected to leave the group soon at the end of a career in which he oversaw the sale of almost 15,000 planes.



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