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 Netherlands-based plane maker made the announcement Wednesday, following talks at the Dubai Air Show.

Worth almost $50 billion at list prices, the deal is a major rebound for Airbus, which has significantly lagged its USA arch rival Boeing in orders this year.

While European aircraft maker Airbus struggles to find new buyers for its A380 super-jumbo, the company has inked its biggest single order for its smaller A320neo family of aircraft at the Dubai Air Show. The airlines that use the aircraft will include Frontier Airlines, JetSMART of Chile, Volaris of Mexico and Wizz Air of Hungary.

But Boeing, too, managed to grab another sizable order on Wednesday with flydubai committing to 225 aircraft for its 737 MAX type in a deal worth $27 billion.

Bill Franke, Managing Partner of Indigo Partners, and a man widely credited with creating the ultra low cost carrier sector, said: "This underscores our optimistic view of the growth potential of our family of low-cost airlines, as well as our confidence in the A320neo Family as a platform for that growth".

The Franke deal also marks a dramatic swan song for Airbus sales chief Leahy, who is due to retire in the coming months from a role he has held since 1994.

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The order is the biggest single sale in Airbus' history, and is set to double its number of net orders this year - up from the 288 planes it had sold up until the end of October - pushing its total number of orders for 2017 to 718.

The Gulf super-connector has hinted, along with many of its peers, that it sees the future in smaller more efficient aircraft.

"We are extremely honored that flydubai has selected to be an all-Boeing operator for many years to come", Kevin McAllister, Boeing Commercial Airlines' president and CEO, said today in a news release.

Both Airbus and Boeing also marked leasing deals with EgyptAir amongst today's frenetic business.

The largest global airline in the world, Emirates, made public today their over 15 billion dollars commitment for 40 Dreamliners of Boeing 787-10.