Boeing, Airbus gain bumper harvest at Dubai Airshow with historic deals

Posted November 16, 2017

Gulf Today reported that Airbus announced the largest single deal in its history, valued at $49.5 billion with Indigo Partners to purchase 430 aircraft in its A320neo family. The new jets will be divided among its Frontier Airlines, JetSMART, Volaris and Wizz Air carriers.

Michele van Akelijen, Managing Director of organisers, Tarsus F&E LLC Middle East, said: "Today's most memorable deals underline that Dubai Airshow is the place where the global industry comes to do business".

The Boeing 787 will give Emirates a level of flexibility and economy that its larger Boeing 777-300ER and Airbus A380 fleet could not approach.

They operate what Mr Franke called an "ultra-low cost model. Airbus fits the bill".

The deal marks a dramatic turnaround for Airbus, which had been lagging behind Boeing in the contest for orders so far this year and had started the Nov 12-16 air show on a backfoot.

It's the latest chapter in the sales battle between the two manufacturers.

Boeing 737 MAX 10s, a twin-engine, single aisle plane capable of carry 230 passengers, have a list price of $124.7 million.

"I think you've got to walk over to the chalet with Emirates on the door and ask them", Airbus' Leahy said.

The flurry of orders for the global rivals came at the Dubai Air Show, one of a series of worldwide events where the two companies like to clinch big deals.

He has sold more than 15,000 jets worth an estimated $1.7 trillion.

Clark suggested that either Emirates or discount carrier flydubai, which is also owned by the Dubai government, could be interested in a mid-sized jet that Boeing is considering developing. Analysts had widely expected Emirates to order more Airbus A380s. It is thought that Emirates asked for last-minutes changes.

John Leahy, COO, Customer, Airbus Commercial Aircraft, described the deal as 'remarkable, and thanked his sales team.

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 U.S. economy.