Airbus clinches a record 430-jet deal with Indigo Partners

Date: 2017-11-15   Author: Shikha Sinha  Category: #industry

Airbus clinches a record 430-jet deal with Indigo Partners

One of the most significant aerospace events in the world, the Dubai Airshow, is set to incorporate its order book with a mammoth aircraft deal. The European aeronautical giant, Airbus SE, has confirmed that it has clinched an order of 430 jets, by a U.S. equity firm, Indigo Partners, valued at about $50 Billion. The announcement of the deal came on Wednesday morning and is being touted as the biggest commercial-aircraft pact in the history of the aviation industry. The deal comprises of 273 A320neos and 157 A321neos that would be inducted into Indigo’s airlines investment portfolio including Wizz Air, Frontier Airlines, MEXICO’S Volaris and Chile’s Jetsmart. The deal offers an upgraded version of single-aisle aircrafts to the existing fleets of Indigo Partner’s airlines, especially the low-cost carriers flying from Denver to Budapest.

For the record, A320 aircraft, launched in the late 1980’s, is regarded as the pioneer in the aviation arena as it was the first plane equipped with state-of-the-art technologies such as fly-by-wire controls and other unique features such as side-stick to steer the aircraft. Unsurprisingly, A320 has emerged as the best-selling airliner of Airbus owing to its unparalleled characteristics.

Meanwhile, Airbus had received a severe blow on day one of the Airshow, with the United Arab Emirates, the prominent Middle East Airline granting its $15 Billion order to Boeing. According to aviation analysts, the latest Indigo order has put the European aircraft maker back in the game, with some claiming the deal to have outshone the orders won by Boeing until Wednesday.

Commenting on the deal, Airbus marketing boss, John Leahy termed the order as “incredible” and assured that the order wouldn’t affect the current production pace of the company. Interestingly, the contract would mark the end of John Leahy’s tenure, who is set to step down as the Airbus sales chief after a remarkable career, spanning 2 decades.

Bill Franke, the veteran aircraft investor of Indigo Partners, has been quoted stating that a definitive agreement would be agreed upon by both the firms until the end of 2017.



About Author


Shikha Sinha linkdin-boxtwitter

Shikha Sinha

Shikha currently manages the content team at AlgosOnline. An electrical & electronics engineer by education, she has prior experience in content & technology writing, content marketing, market research, and business development domains. Her other interests inc...

Read More

Post Recommendents

Innovations in surveillance system—a growth enabler in air traffic management

Author: Saipriya Iyer

Transforming air traffic management into a more interoperable, automated, modular and scalable system will potentially reap rewards from developments in virtualization and digital technologies. Seamless high-performing...


Stents industry to witness robust technological innovations with ongoing R&D activities

Author: Pankaj Singh

One of the fastest emerging verticals within the healthcare and medical devices space, the global stents market is set to witness numerous interesting trends in the coming years. Ongoing research and development in the...


Amazon India launches ‘Select’ program to assist emerging brands

Author: Shikha Sinha

E-commerce giant Amazon has reportedly started a new program called ‘Select’ in India. As per trusted sources, the program will enable emerging brands in the country to get access to a suite of brand buildi...