Dubai Airshow 2017: Boeing announces further orders

Dubai Airshow 2017: Boeing announces further orders

Its announcement came less than two hours after Airbus said it had reached a deal to sell 430 A320neo jetliners - worth roughly $50 billion at list prices - to Indigo Partners, which owns several low-priced airlines around the world.

The Airbus deal with Indigo Partners will see 273 A320neos and 157 A321neos split up among Denver-based Frontier, JetSMART of Chile, Volaris of Mexico and Wizz Air of Hungary, all ultra-low-cost airlines associated with Indigo. They are US company Frontier Airlines, Mexico's Volaris, Chilean carrier JetSmart and Hungary's Wizz.

Increasing demand for air travel will push jetliner sales to more than 34,000 worldwide in the next 20 years, according to Airbus's 2017 global market forecast.

With the Dubai show winding down, Airbus' mega-sale made up for its disappointment earlier this week when a big sale of A380 jets to Emirates Airline failed to come together. It agreed to buy 150 Boeing 777X planes and 50 A380s, which were worth a total of $99 billion at list prices.

AerCap is also behind a leasing deal to provide EgyptAir with six Boeing 787-9 Dreamliner aircraft, which will start operating in 2019.

The combined $76.5 billion in deals kept the momentum alive on the third day of the air show. Airbus declined to comment.

He said: "It's gratifying that [this order] comes from a group of airline professionals who know our products as well as the folks at Indigo Partners do".

Airbus has closed the gap with the single largest order in company history.

But the biggest order by value came from Emirates airline of Dubai in 2013.

The order on the penultimate day of the Dubai Airshow comes after what could have been a hard week for Airbus.

That failure was referenced by Airbus' retiring sales chief John Leahy at the beginning of the press conference prefacing the announcement with: "Just to clarify: this is not an A380 press conference".

It also means that the European giant will overtake its USA rival Boeing, which has sold 605 planes so far this year.

Airbus announces it's largest single deal to build airplanes for one company.

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