Airbus just inked its biggest airplane order ever

Ethiopian Airlines continues to build up its fleet to meet rising demand on back of a rapidly growing economy and population in Africa. Tiksa Negeri  Reuters

Airbus set to secure record order from Indigo Partners

"An order for 430 aircraft is remarkable, but it's particularly gratifying to all of us at Airbus when it comes from a group of airline professionals who know our products as well as the folks at Indigo Partners do".

Indigo Partners is a private equity fund led by Bill Franke, the 430 A320's would go to airlines in Indigo's investment portfolio: Frontier Airlines, Mexico's Volaris, European carrier Wizz Air Holdings Plc and JetSmart, which began operating in Chile this year.

Airbus said the deal would be finalised before the end of this year. The latter is weighing an order for as many as 175 narrow-body planes that could be split between the A321neo and Boeing's 737 Max.

Wizz Air (W6, Budapest) has announced it has signed a Memorandum of Understanding (MOU) with Airbus (AIB, Toulouse Blagnac) for the purchase of a further 146 Airbus A320neo Family aircraft entailing seventy-two A320neo and seventy-four A321neo. It was one of the industry's biggest deals by volume and the most planes ever sold by Airbus in one batch.

The deal with Airbus takes Indigo Partner's orders with the plane manufacturer to over 900 aircraft.

The Dubai-based carrier, the world's largest operator of wide-body aircraft, is still in discussions with Airbus to buy additional A380s, Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of the airline, told The National on Tuesday night.

The deal was worth $49.5 billion at list prices.

"As an owner you look at fuel burn, seat cost, and we are satisfied Airbus meets those requirements", said Franke.

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