Airbus lands biggest-ever contract for 430 A320s

Chelsea West
November 16, 2017

Later on Wednesday, Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of flydubai, signed an agreement between Boeing and flydubai for the 225 Boeing 737 MAX aircraft, saying: "Today's order underlines the success of flydubai's founding vision in changing the way people travel across the region".

The order, believed to be the biggest ever for Airbus, will more than double the value of the airline's sales for the year.

The blockbuster finale to the main part of the November 12-16 show lifted a despondent mood that had settled over the Airbus chalet when a deal for A380 superjumbos collapsed on day one.

The deal with veteran airline investor Bill Franke is expected to roil the low-priced industry and add another twist to the race between Airbus and Boeing for plane orders.

The surprise 430-aircraft order by Airbus comprises a commitment for 273 A320neos (new engine options) and 157 A321neos.

The American manufacturer won another deal from Fly Dubai, the city's low-priced carrier, for 225 737MAX jets worth $27 billion on Wednesday.

The air show is proving a positive one for Airbus, who began the annual event lagging behind rival Boeing in the order department in 2017, so far.

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"The deal represents the largest-ever single-aisle jet order - by the number of airplanes and total value - from a Middle East carrier", Boeing said in a statement."When finalized, the purchase promises to sustain tens of thousands of direct and indirect jobs in Boeing's US factories and network of suppliers".

With the Dubai show winding down, Airbus' mega-sale made up for its disappointment earlier this week when a big sale of A380 jets to Emirates Airline failed to come together.

Boeing said it was the biggest ever order from the Middle East for single-aisle passenger planes.

The largest global airline in the world, Emirates, made public today their over 15 billion dollars commitment for 40 Dreamliners of Boeing 787-10.

The agreement was signed with Indigo Partners to build the plans for four airlines that company owns. The A320neo is priced at $108m and the larger A321neo at $127m but manufacturers offer large discounts on jets.

It is managed by William Franke, a pioneer of the cheap tickets and high fees airline business model that has spread overseas and is growing in the US.

The airline had announced orders for 288 planes as of the end of October. Stay tuned for more action.

Other reports by TheSundaySentinel

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