Dubai Airshow has been flagged off by Emirates with massive Dh55b order

Robyn Ryan
November 16, 2017

Airbus revealed its largest single announcement ever this morning - a $49.5 billion deal with Indigo Partners to purchase 430 aircraft in its A320neo family, described as Airbus' largest ever single announcement.

Speaking at the Dubai Airshow Tuesday, the Chief Executive of Ethiopian Airlines, Tewolde Gebremariam, said the deal underlined the vitality of air traffic in North Africa.

With the Airbus order, Indigo Partners, a USA -based private equity fund, has doubled its existing order of 427 A320 family aircraft.

But even with that factored this, Dubai's airshow has become a highlight of this year's race for sales supremacy between the two companies.

The 225-aircraft deal, which was worth around $27 billion, was the biggest ever order from the Middle East for single-aisle passenger planes, the company said.

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.

There's nothing like an worldwide air show to bring out the multibillion-dollar sales, and the 2017 Dubai Airshow is setting a new standard.

The Airbus deal with Indigo Partners will see 273 A320neos and 157 A321neos split up among Denver-based Frontier, JetSMART of Chile, Volaris of Mexico and Wizz Air of Hungary, all ultra-low-cost airlines associated with Indigo.

That failure was referenced by Airbus' retiring sales chief John Leahy at the beginning of the press conference prefacing the announcement with: "Just to clarify: this is not an A380 press conference".

Boeing stole the early headlines with an order for 40 planes, worth $15 billion at list prices, from Dubai's Emirates airline on Sunday.

The Gulf super-connector has hinted, along with many of its peers, that it sees the future in smaller more efficient aircraft.

If the deal translates into firm orders, it would represent Airbus' biggest sale to a single buyer as measured by the number of airplanes, according to CNN.

Emirates now relies exclusively on the Airbus 380 and the Boeing 777, making it the largest operator of both.

AerCap is also behind a leasing deal to provide EgyptAir with six Boeing 787-9 Dreamliner aircraft, which will start operating in 2019.

Other reports by VideoGamingPros

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