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Airbus announces billion dollar order

U.S. investor orders 430 A320neo models - deal marks Airbus largest single announcement ever; top marks for Hamburg-Finkenwerder

Airbus and Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by four airlines of 430 additional A320neo aircraft in a deal worth USD 49.5 billion at list prices (EUR 42.2 billion), according to an announcement Wednesday (November 15, 2017) at the Dubai Air Show. The aircraft will be allocated among ultra low-cost airlines namely the U.S. Frontier Airlines, Chile’s JetSMART, Mexico’s Volaris and Hungary’s Wizz Air on completion of the final purchase agreements. John Leahy, Airbus Chief Operating Officer Customers, Airbus Commercial Aircraft and Bill Franke, Managing Partner of Indigo Partners said the deal consists of 273 A320neos and 157 A321neos. The new agreement will make Indigo Partners one of the largest customers by order numbers for the Airbus single-aisle aircraft family.

A delighted Frank Horch, Hamburg’s Senator for Economics, said: “The announced order of more than 430 A320neo models means Hamburg as a centre of aviation has been enriched by an incredible, superlative deal. That puts the focus on Hamburg as an international aviation centre and secures many jobs.”

Well-linked aviation sector

Large parts of the fuselage sections in all Airbus models are developed, assembled in and delivered from Hamburg. Horch added: “The innovative power of the aviation sector in Hamburg is an outstanding feature of the location. Airbus is one of the key players in the sector.” The aviation cluster is key to Hamburg’s success as a centre of aviation. “When I attend events by the aviation industry, I am repeatedly impressed anew by both the companies’ power of innovation and the good links between the players (in aviation),” Horch added.

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