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.
With the Airbus order, Indigo Partners, a USA -based private equity fund, has doubled its existing order of 427 A320 family aircraft.
The despite the mega-order, celebrations at Airbus would be muted as the aircraft maker has failed to attract a single buyer for the A380 in Dubai, having been snubbed by the model's biggest buyer Emirates.
A320neos list for 108.4 million dollars (£82 million) apiece and A321neos at 127 million dollars (£96 million), although airlines and manufacturers often negotiate lower prices for big deals like these.
Four companies in Indigo's investment portfolio: Frontier Airlines, Mexico's Volaris, European operator Wizz Air Holdings Plc and upstart JetSmart, will receive the planes.
Clark suggested that either Emirates or discount carrier flydubai, which is also owned by the Dubai government, could be interested in a mid-sized jet that Boeing is considering developing. The order consists of the A320neo and A321neo, the version remotorisée du best-seller for Airbus, according to this source.
The Franke deal also marks a dramatic swan song for Airbus sales chief Leahy, who is due to retire in the coming months from a role he has held since 1994. He added: "We look forward to the arrival of the new aircraft from 2019 in support of our future ambitions".
As we approach the end of the year, expect more announcements as Airbus and Boeing shore up their annual sales figures. The agreement was signed with Kevin McAllister, the CEO and President of Boeing Commercial Airplanes.
Most of the aircraft included in the Indigo Partners order will be delivered after 2021, with precise engine details as yet undecided.
Airbus and Boeing have landed three mega-deals this week for a total of 695 planes worth $92 billion.
The largest worldwide airline in the world, Emirates, made public today their over 15 billion dollars commitment for 40 Dreamliners of Boeing 787-10.
Boeing and AerCap, a Dublin-based aviation leasing company, also announced today that EgyptAir would lease six 787-9 Dreamliners.
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