Airbus seals largest plane order ever at Dubai Airshow

Airbus seals largest plane order ever at Dubai Airshow

Airbus seals largest plane order ever at Dubai Airshow

Based on the list price of the A320neo, Airbus's best-selling single-aisle jet, the purchase would be worth at least $46.6 billion before customary discounts if Indigo exercises all of its rights to the aircraft.

Airbus says that 146 of the aircraft will go to Wizz Air, 134 to Frontier Airlines, 80 to Volaris and 70 to JetSmart.

Airbus shares closed 0.35% higher Tuesday, to end at €83.54.

With Boeing so far dominating the headlines, delegates said all eyes were on Airbus where sales chief John Leahy, a veteran of last-minute air show surprises, was plotting a blockbuster climax to a more-than-20-year stint as marketing boss.

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The deal marks a major coup for Airbus's Chief Operating Officer John Leahy, who is expected to leave the group soon at the end of a career in which he oversaw the sale of almost 15,000 planes.

European carrier Wizz Air Holdings Plc.

An Airbus A320neo of Hungary's Wizz Air, an airline in which Indigo Partners is a major shareholder.

Airbus said the deal would be finalised before the end of this year.

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It will also allow Airbus to overtake Boeing, with a total of 718 orders against its American rival's 605.

Reuters reported on Sunday that budget carrier flydubai was talking to Airbus and Boeing about a potential new order for up to 175 passenger jets and talks had accelerated.

Reports also show Egyptair has placed an order for 12 C-Series Bombardier Jets, with the prospect of a further order for more.

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