Airbus Agrees 430 Aircraft Deal With Indigo Partners

Airbus and Boeing sign deals worth $75bn at Dubai air show

The planes will be used by Kuwait's resurrected Wataniya Airlines. His Indigo Partners has stakes in the eastern European carrier Wizz Air, Frontier Airlines in the US, Jetsmart in Chile and Volaris in Mexico.

The package technically covers four separate agreements jointly negotiated through Franke as a common investor, and Airbus billed the deal only as a record "announcement". To put it in perspective, a single airline with 430 planes would rank among the 10 largest carriers on the planet.

But in relation to long-haul planes, USA rival Boeing as the Seattle-based and New York-stock listed firm, sealed on day one the sale of 40 Boeing 787-10 wide-body planes to Emirates Airline, the largest long-haul carrier in the world for 15.1 billion dollars. Such a massive order is likely to mean a bigger than normal price reduction.

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At the end of the show's final day, the order book stood at nearly $113.8 billion with Michele van Akelijen, Managing Director of organisers, Tarsus F&E LLC Middle East, saying: "The figures speak for themselves - it's been another successful year". Airbus turned its fortunes around with a mammoth order of 430 jets from the A320 family, worth a list price total of $49.5 billion. But at this stage, it's still a memorandum of understanding, a non-binding agreement that needs to be finalized before it is considered a firm order. They instead found the state-owned Emirates making the deal with Boeing in front of Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum. Indian low-priced airline IndiGo (which isn't connected to Indigo Partners) bought 250 Airbus jets in 2015.

Then came the big one. Including options to buy a further 50 planes, that deal could be worth $27-billion at list prices.

"During this year's event, we signed an MoU with Saudia Aerospace Engineering Industries, expanding our support of its customer's fleet in the region", said Turkish Technic spokesman, Muhammed Memduhoglu. He sold tens of thousands of jetliners for the European plane maker, helping it draw alongside its big US rival in terms of both sales and deliveries.

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