Airbus seals $50b jet deal to outdo Boeing in Dubai

14:56 • 15.11.17



Airbus SE announced the biggest commercial-plane transaction in its history, securing an order for single-aisle aircraft valued at nearly $50 billion at the Dubai Air Show, outdoing Boeing Co’s own $20 billion mega-deal, Bloomberg reported.


Wednesday’s pact for 430 A320neo planes with US investor Indigo Partners marked a turnaround for Airbus at the Gulf expo, where it had been trailing its rival. It’s also a crowning achievement for sales chief John Leahy, who is set to retire after a career in which he has struck deals for more than 16,000 jets and lifted the European planemaker into a duopoly position with Boeing.


For Indigo Partners, led by Bill Franke, the Airbus accord provides upgraded narrow-body aircraft to boost the fleets of low-cost carriers from Denver to Budapest. The planes will go to four companies in Indigo’s investment portfolio: Frontier Airlines, Mexico’s Volaris, East European operator Wizz Air Holdings Plc and Chile’s JetSmart, which began operating this year.


The deal features 273 A320neo jets together with 157 of the larger A321neo variant and is worth $49.5 billion before customary discounts, Airbus said. Leahy, 67, called the transaction “remarkable,” while Franke, 80, who co-founded Indigo in 2002, said it underscores his confidence in the A320 and the bargain fares, no-frills travel model he helped develop.


Airbus shares rose as much as 4 percent and were trading 2.9 percent higher at 85.93 euros as of 11:13 a.m. in Paris, taking the gain this year to 37 percent.





Загрузка...

LATEST NEWSAll Today news

17:59 • 23/02

Private wounded in Armenia's north-east

17:43 • 23/02

Grand Holding named leader of Armenian economy

17:29 • 23/02

Ryan Boatright leaves Armenian basketball team

16:57 • 23/02

Hot summer awaits Syria terrorists – Erdogan

16:43 • 23/02

Ruling coalition officially endorses Armen Sargsyan for presidency

16:07 • 23/02

Beyonce and Jay-Z fan spread joint tour rumors

15:53 • 23/02

Azerbaijan not ready for full-scale war – Artsakh parliament speaker  

15:07 • 23/02

Kylie Jenner tweet hammers snapchat shares

14:45 • 23/02

Bride almost misses her own wedding reception after getting stuck in lift

14:01 • 23/02

Armen Sargsyan meets with Republican, ARF-D lawmakers

13:36 • 23/02

Artsakh president congratulates Armenians on Motherland Defender’s Day

13:28 • 23/02

New video shows Airbus' one-seater Vahana drone take to the skies ahead of 2020 commercial launch

12:46 • 23/02

Artsakh ‘very close’ to international recognition – Russian bloggers

11:05 • 23/02

Chorrord Ishkanutyun: European tourist ‘held hostage’ by Russians in Armenian village

10:48 • 23/02

Australian deputy PM resigns over affair scandal

10:32 • 23/02

Zhamanak: Russia creates breeding ground for war over Karabakh

09:32 • 23/02

Congressional Armenian Caucus leaders mark 30th anniversary of Artsakh movement

09:12 • 23/02

Trump has law on his side in call for higher gun-sale age limit

17:58 • 22/02

Meghan Markle and Prince Harry get ‘racist’ letter containing white powder

17:31 • 22/02

Armenophobia ‘part and parcel of Azerbaijan’s foreign policy’ – Armenian official

16:23 • 22/02

Trump uses a cue-card to remind himself to be sympathetic as he meets survivors of Florida school massacre 

16:06 • 22/02

Nagorno-Karabakh soldier wounded in Azerbaijani gunfire

15:54 • 22/02

Gigi and Bella Hadid model retro wigs and floor-sweeping gowns for Moschino show at Milan Fashion Week

15:26 • 22/02

Armenia hails Lebanon's stance on Karabakh peace – Edward Nalbandian

14:33 • 22/02

Armenia key destination for Russian emigrants from Omsk

14:05 • 22/02

Armenian Alpine skier ranks 42nd in  Pyeongchang Olympics

13:50 • 22/02

Ed Sheeran named winner of Brit Awards

13:38 • 22/02

Sumgait pogroms revealed Azerbaijan's genocidal intent 'still awaiting proper evaluation' - parliament speaker

13:02 • 22/02

Artsakh people peace-loving ‘but also very attentive’ – Russian blogger

11:54 • 22/02

Aravot: Political forces have consensus over Armen Sargsyan’s presidency, says analyst

11:28 • 22/02

Iran warns of war threatening Syria neigbors

11:10 • 22/02

Zhamanak: Alternative to peace deal: Armenia from the inside out  

10:21 • 22/02

Oil prices drop on firmer US dollar

10:09 • 22/02

Republican to nominate Armen Sargsyan for presidency at special parliament session - spokesperson

09:46 • 22/02

US radio presenter gives birth on air

09:22 • 22/02

Explosion reported at US embassy in Montenegro  

09:11 • 22/02

Zhamanak: Armenian parliament speaker, health minister mull new business project  

08:59 • 22/02

Apple in talks to buy cobalt directly from miners

08:48 • 22/02

Venezuela's Maduro wants 'mega-election' amid opposition boycott

18:49 • 21/02

Smithsonian Festival ‘good opportunity to raise international awareness’ of Armenia, say organizers

17:50 • 21/02

Armenian-Israeli parliamentary cooperation discussed in Knesset

17:20 • 21/02

Parliament committee rejects bill condemning 2008 post-electoral turmoil  

17:01 • 21/02

France’s Macron plans tighter asylum rules

16:49 • 21/02

Serena Williams shares life-threatening experience of giving birth

16:19 • 21/02

Armenian parliament speaker, Brazilian ambassador discuss regional peace

15:44 • 21/02

Japanese farmers invent edible banana skin

15:21 • 21/02

Syria's Ghouta residents 'wait to die' amid heavy bombing

13:32 • 21/02

Venezuela says launch of cryptocurrency raised $735 million

13:20 • 21/02

Sheer madness! Angela Sarafyan's amazingly bold appearance at Esquire Hollywood bash

13:05 • 21/02

Christopher Nolan says he 'won’t be the man' to direct the next James Bond movie

12:05 • 21/02

France reaffirms support to Karabakh peace

11:40 • 21/02

Erdogan: Pro-regime groups in Afrin issue ‘closed’

11:23 • 21/02

North Korea backed out of secret meeting with Pence, says US

10:53 • 21/02

Armenian authorities 'aware of shadow businesses' - economist  

10:15 • 21/02

Trump pushes for ban on gun 'bump stocks'

09:52 • 21/02

Hraparak: Republican, opposition MPs to attend EU-Armenia summit in Berlin

09:15 • 21/02

Iranian Police Arrest 300 rioters in capital after five security forces killed

17:59 • 20/02

Edward Nalbandian to conduct official visit to Burssels

17:41 • 20/02

Seaside Startup Summit India.Goa gains governmental support  

17:12 • 20/02

Armenia creating 'institute of autocratic prime minister’ – human rights advocate  

16:30 • 20/02

KFC shuts down more stores amid chicken delivery fiasco

16:10 • 20/02

Canada’s Trudeau and family pass time by visiting Gandhi’s home while wearing traditional Indian dress as Modi ‘snubs’ him on official visit

15:55 • 20/02

Jennifer Lawrence is not taking a year off from acting

15:45 • 20/02

Shocking moment woman balances precariously on a tiny ledge five floors above ground to clean outside apartment windows

15:37 • 20/02

Mahmoud Abbas to urge alternative to US as peace mediator in UN speech

15:28 • 20/02

Nagorno-Karabakh developing steadily for 30 years after shaking off Azerbaijani yoke – Serzh Sargsyan

15:09 • 20/02

President Sargsyan’s attendance at the Munich Security Conference ‘had strategic significance’ – Richard Giragosian

14:48 • 20/02

NASA’s Opportunity rover surpasses 5,000 Martian days on the Red Planet

14:41 • 20/02

Last British-Armenian hotel sold in Calcutta

14:31 • 20/02

Canadian couple breaks short dance record in Pyeongchang

14:14 • 20/02

Armenia launching milk quality improvement project  

13:16 • 20/02

At least 17 killed in Mozambique capital as pile of garbage collapses

12:31 • 20/02

‘I'm still punching!' Sylvester Stallone dismisses bizarre hoax claiming he has died of cancer

12:18 • 20/02

Bitcoin breaks through $11,000 for the first time since January  

12:06 • 20/02

European Parliament to mark 30th anniversary of Nagorno-Karabakh movement in special event

11:51 • 20/02

European Parliamentarians ask Federica Mogherini why EU officials do not visit Nagorno-Karabakh

11:38 • 20/02

Three Iranian police killed in clashes with Sufi protesters

11:29 • 20/02

Turkish, Russian, Iranian presidents to meet in Turkey in April

11:08 • 20/02

Serj Tankian, Creative Armenia announce ‘7 Notes Music Challenge’ winners

10:59 • 20/02

Hraparak: Knesset speaker’s visit to Armenia ‘still questionable’

10:41 • 20/02

Football: Chelsea's Hazard dismisses comparisons to Messi and Ronaldo

10:28 • 20/02

Ocean plastic tide 'violates international law'

10:00 • 20/02

US students stage White House protest as Trump gives nod to background bill

09:31 • 20/02

Volcano Mount Sinabung  erupts in Indonesia

09:13 • 20/02

Saudi Arabia set to build 16 nuclear reactors with Russian help

15:23 • 19/02

Nagorno-Karabakh expands international cooperation

13:29 • 19/02

Armenian marksman qualifies for youth Olympics

12:55 • 19/02

Turkey, US to form a three-way mechanism to tackle festering bilateral issues

12:06 • 19/02

ISIL claims responsibility for Russian church shooting in which five women were killed

11:51 • 19/02

National Security Service chief hosts Russian counterpart to discuss cooperation

10:59 • 19/02

Three Billboards outside Ebbing, Missouri enjoys a triumphant night at the BAFTAs as it becomes the big winner of the night with five prizes  

10:29 • 19/02

Asia shares extend global recovery, volatility subsides  

10:08 • 19/02

Winter Olympics 2018: Russian suspected of failed doping test

09:28 • 19/02

Mystery as shark falls from sky and lands in man’s back garden in Kent

09:14 • 19/02

Canada prime minister starts visit to India with Taj Mahal trip  

15:10 • 17/02

International community 'sees our campaign for justice' – Artsakh lawmaker  

14:51 • 17/02

Turkey, Germany pledge closer dialogue

14:42 • 17/02

Aravot: Genocide should not be underlying issue behind Armenian-Israeli relations

14:16 • 17/02

Japanese figure skater earns 1,000th Winter Olympics gold medal

14:06 • 17/02

Aliyev's belligerent rhetoric 'sign of solidarity with Turkey' – former defense minister