Airbus in $40 b deal to sell 430 A320s to U.S. firm

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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.

The U.S. aerospace company said that FlyDubai of the United Arab Emirates has committed to buy 175 of its 737 Max planes and will have the rights to buy another 50.

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

"It's one of the few occasions where you can truly say it's the end of an era", Teal Group analyst Richard Aboulafia said of Leahy's retirement. "It shows once again the importance of this part of the world to the big airplane manufacturers".

The order comprises of 273 A320neos and 157 A321neos and came as a surprise to industry observers after the failure of Airbus to secure a further deal from Emirates at the airshow for more A380 aircraft.

The battle of the plane makers is heating up this week.

Hate crimes rose again in 2016
The number of participating agencies also varies from year to year, so simple year-by-year comparisons are cautioned against. Anti-Jewish hate crimes, anti-Islamic hate crimes, and anti-Catholic hate crimes all saw various increases in 2016.


But the biggest order by value came from Emirates airline of Dubai in 2013. The 67-year-old has overseen the sale of jets worth $1.7 trillion at list prices and helped to lift Airbus's market share from a mere 18 percent to stand roughly at par with Boeing. They'll complement FlyDubai's fleet of Boeing 737s and keeps them a Boeing-only shop, something Airbus no doubt had hoped to change.

Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of flydubai, said the order underlines the success of "flydubai's founding vision helping to strengthen trade and tourism links across its network and has contributed to the enhanced connectivity of Dubai's aviation hub". Emirates announced a $15.1 billion deal for Boeing 787-10 Dreamliners instead. Reports circulated before the air show that a major A380 sale would be coming.

For the Government of Dubai, the 265 jets its airlines agreed to buy from America's largest industrial exporter is a not-so-subtle show of the Emirate's impact on the USA economy.

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

With almost 100 airplanes in operation, Ethiopian flies one of the largest and youngest fleets in Africa, including Boeing 737s, 757s, 767s, 777s, and 787s.

The Emirates' snub even came up at the news conference Wednesday, when a reporter asked Airbus if another deal could be coming.

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