Airbus wins biggest jet order from Indigo Partners
16 November, 2017, 02:15 | Author: Valerie Burke
Airbus has announced a deal worth $49.5 billion with Indigo Partners, owner of Frontier Airlines, with the signing of a Memorandum of Understanding for 430 A320neo family aircraft at the Dubai Airshow.
Meanwhile, Boeing reached an agreement with low-priced carrier FlyDubai to sell 225 Boeing 737 MAX 10 aircraft - a deal valued at $27 billion.
Indigo Partners is a US-based private equity group that invests in airlines.
Indigo plans to supply the narrowbody jets to four airlines in which it has stakes: US carrier Frontier Airlines, Mexico's Volaris, Chilean JetSMART and Hungary's Wizz Air.
Bill Franke, Managing Partner of Indigo Partners, and a man widely credited with creating the ultra low cost carrier sector, said: "This underscores our optimistic view of the growth potential of our family of low-cost airlines, as well as our confidence in the A320neo Family as a platform for that growth".
Azerbaijan Airlines also announced it would be the launch customer for the 787 Landing Gear Exchange Program whereby Boeing Global Services will provide the carrier with a lower-cost solution for overhauled and certified landing gears for its Dreamliner fleet, which now numbers seven aircraft. Reports circulated before the air show that a major A380 sale would be coming.
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The sale is a triumph for the company's ecological credentials too: the "neo" suffix denotes the company's "new generation" style of jets, with engines that use 15% less fuel compared to the previous models of A320 or A321, or rival Boeing's 737 design.
Wednesday saw two enormous aircraft purchase orders for both Airbus and Boeing, in one of the most record-breaking days in recent aviation business history, Dubai Airshow organizer F&E Aerospace said in an e-mailed statement on Wednesday. In under a decade, flydubai has extended its network to 97 destinations in 44 countries, transporting more than 44 million passengers. He added: "We look forward to the arrival of the new aircraft from 2019 in support of our future ambitions".
The airline had announced orders for 288 planes as of the end of October.
Flydubai's first 737 MAX 8 takes off from Boeing's Seattle delivery center in July. The agreement was signed with Kevin McAllister, the CEO and President of Boeing Commercial Airplanes.
Airbus employees even filled a news conference on Sunday, expecting the A380 sale, instead to find state-owned Emirates making the deal with Boeing in front of Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum.
The Boeing 787 will give Emirates a level of flexibility and economy that its larger Boeing 777-300ER and Airbus A380 fleet could not approach.
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