Airbus lands its biggest deal ever to sell 430 planes to U.S. firm Indigo - News Summed Up

Airbus lands its biggest deal ever to sell 430 planes to U.S. firm Indigo


DUBAI, UNITED ARAB EMIRATES—Airbus signed a $49.5 billion (U.S.) deal on Wednesday to sell 430 airplanes to the Phoenix-based private equity firm that owns Frontier Airlines, striking the European aerospace firm’s biggest deal ever at the Dubai Air Show. The Airbus deal with Indigo Partners will split 273 A320neos and 157 A321neos among Denver-based Frontier, JetSMART of Chile, Volaris of Mexico and Wizz Air of Hungary, all ultra-low-cost airlines associated with Indigo. IndiGo and Indigo Partners are separate firms with separate management. Shortly after, FlyDubai and Chicago-based Boeing Co. announced their $27 billion deal. The Emirates’ snub came up at the news conference Wednesday, when a reporter asked Airbus if another deal could be coming.


Source: thestar November 15, 2017 17:26 UTC



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