Airbus wins biggest jet order from Indigo Partners

16 November, 2017, 02:15 | Author: Valerie Burke
  • Reports Airbus on verge of a signing deal to sell 430 A320's to US based investor Indigo Partners

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.

Trump asked Xi Jinping to help UCLA basketball players busted shoplifting
Several experts in Chinese law said charges and accompanying punishment will dependent on the value of the stolen goods . The source also said there is surveillance video that shows the players allegedly shoplifting from three stores.

Yemen Blockade Result of UN Silence, US Support: Yemeni Politician
Over 20 million people need humanitarian assistance, including 7 million facing "famine-like" conditions, they said. Iran denies it supplies arms to the Houthis but has said the missile was a reaction to Saudi "aggression".

Cleveland Browns gave yet another game away
The Browns' formula when the season started was to play good defense and run the ball; to win conservatively, or at least try to. It went nowhere, and the Lions wisely made sure the Browns could not get up to spike the ball for a field goal try.

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.

Recommended:

  • Amazon sells part of Chinese cloud computing business

    Amazon sells part of Chinese cloud computing business

    Amazon Web Services confirmed in a statement reported by WSJ that this move was meant to meet compliance requirements in China. This would naturally make life extremely hard for technology firms and their worldwide customers.
    Gal Gadot Won't Return Unless Studio Buys Out Producer Brett Ratner

    Gal Gadot Won't Return Unless Studio Buys Out Producer Brett Ratner

    The source finished by telling the publication: "She's tough and stands by her principles". Her warning is a serious one hitting Warner Bros where it hurts, their wallets.
    Italy misses World Cup for first time in 60 years

    Italy misses World Cup for first time in 60 years

    After the match, their veteran 39-year-old goalkeeper Buffon confirmed his worldwide retirement and also apologised for his team's failure.
  • Devastating tremors in Iran and Iraq: the death toll is growing rapidly

    Devastating tremors in Iran and Iraq: the death toll is growing rapidly

    Rouhani landed by helicopter in the city of Kermanshah and promised the government would move swiftly to help those left homeless. The town centre was clogged with traffic as people from the surrounding province rushed to help with rescue efforts.

    IPhone X Has Green Line Display Problem

    Kuo expects next year to again include three iPhone models with the premium model boasting a 6.5-inch OLED display. Kuo says all three devices will have a full-screen design and Face ID replacing the home button.
    The Top 5 Heading Into The Weekend

    The Top 5 Heading Into The Weekend

    Miami has the nation's longest winning streak at 13 games, and has not lost since falling to Notre Dame last season. Another wild weekend in college football will ultimately turn the playoff rankings inside out come Tuesday night.
  • Australians overwhelmingly expressed support for marriage equality. Now what?

    Australians overwhelmingly expressed support for marriage equality. Now what?

    We're less than an hour out from learning the result of the same-sex marriage survey and campaign events are getting under way. Labor Senator Penny Wong, who has co-signed Senator Smith's bill, said Senator Paterson's proposal was a "distraction".
    New accuser claims sexual assault by Moore in 1970s

    New accuser claims sexual assault by Moore in 1970s

    I'm going to vote for Roy Moore to make a statement.' So, I don't interpret the 29 percent as condoning what Roy Moore did. Susan Collins joined McConnell, tweeting that she did not believe Moore's denials and he should depart the race. "Mr.
    14 feared drowned in Andhra Pradesh boat mishap

    14 feared drowned in Andhra Pradesh boat mishap

    Tragedy struck after a boat carrying 38 people capsized at Ferry Ghat in Ibrahimpatnam area of the city on Sunday evening. Andhra Pradesh Congress committee president N Raghuveera Reddy visited the accident spot and later the hospital.
  • After More Than 20 Years, Mario Might Return To The Big Screen

    After More Than 20 Years, Mario Might Return To The Big Screen

    Once upon a time, Nintendo chose to roll the dice on a big-budget Hollywood adaptation of Super Mario Bros . Let's all hope (and pray) that Nintendo, together with Illumination Entertainment , can pull this off.
    Authorities Respond to Stabbing at Mall of America

    Authorities Respond to Stabbing at Mall of America

    Bloomington Police officer Jeff Potts said late Sunday that two people were stabbed and the suspect was taken into custody. Police say one victim was stabbed after confronting a man attempting to steal his belongings from the dressing room.
    Cristiano Ronaldo welcomes his fourth child with Georgina Rodriguez!

    Cristiano Ronaldo welcomes his fourth child with Georgina Rodriguez!

    The Portuguese star shared a picture of the happy couple, their baby and Cristiano Junior at hospital. The soccer player for Real Madrid and Portugal announced that he is the father of a baby girl.


Popular

Israel Offers Aid to Iran-Iraq Earthquake Victims
In Washington, a USA official confirmed its authenticity, but said the deal was only preliminary and still subject to changes. Israel has reservations that not enough is being done to tackle Iran's presence in southern Syria.

Williams opens doors for Operation Christmas Child shoe box donations
Harper likes to contribute to this campaign because it helps other children around her age. The gifts may be chosen for male or female and in three age ranges: 2-4, 5-9 or 10-14.

Russian Federation uses video game pictures to claim United States helped Isil
In one screengrab, the Russians added the caption: "ISIS automobile convoy leaves Abu Kamal for Syrian-Iraqi border". The ministry said US-led coalition planes instead tried to impede Russian Aerospace Forces operations in the area.

Apple iPhone 8: Battery Issues Blamed On YouTube!
Apple has added support for 7.5 watt wireless charging for iPhone X , iPhone 8 , and iPhone 8 Plus in the iOS 11.2 beta. However, while convenient, it did have some drawbacks compared to plugging in an old-fashioned Lighting cable.

Saudi UN ambassador denies Yemen embargo
So far, Saudi wants to bring supplies into Yemen via the ports of Jizan and Aden, a plan McGoldrick said was risky and slow. Saudi Arabia and the US have accused Iran of supplying the ballistic missile used in that attack.

Sex unlikely to cause cardiac arrest, study finds
Just 34 out of the 4,557 heart failures inspected happened amid or inside one hour of sex and 32 of those influenced were men. These new data may help inform discussions between healthcare providers and patients on the safety of sexual activity.

Conservatives Destroyed Their Keurigs In Solidarity With Sean Hannity
In response to Carusone, Keurig tweeted Saturday , "Angelo, thank you for your concern and for bringing this to our attention". Four other companies said they would stop running their ads on the Fox show, without explaining their decision.

Israel downs Syrian drone over Golan
If it hadn't been for Russia's air support, Iran's militias would not have expanded and would not have even survived defeat. Although Iran does not have borders with Syria, it has expanded the most there.

Brady Hoke in as Vols interim head coach
Tennessee last won an SEC championship in 1998, the same year the Vols won the national championship with an unbeaten 13-0 record. Defensive line coach Brady Hoke , the former head coach at MI , will serve as UT's interim coach for the remainder of the season.

Ex-Trump aide Flynn probed over secret Turkey dealings
While Flynn has had a relationship with Turkey , his counsel denies the Wall Street Journal's report, according to CNN. The discussions between Flynn and Turkish government reps "involved the possibility of transporting Mr.