Airbus Nears Deal for 430 Jets With Indigo Partners

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Airbus has signed a Memorandum of Understanding with Kuwait's Golden Falcon Aviation for 25 Airbus A320neo family aircraft.

Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-priced industry and turning the annual race between Airbus and Boeing for plane orders on its head.

"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".

This new order, if approved by Wizz Air's shareholders, would bring Wizz Air's outstanding orders with Airbus to 282 aircraft, including also eight Airbus A320ceo and 18 Airbus A321ceo aircraft, deliveries of which will continue to early 2019 and 110 Airbus A321neo aircraft, deliveries of which are planned to start in 2019 and continue through to the end of 2024.

Boeing and flydubai declined to comment.

"Indigo Partners have been a tremendous customer and supporter of the Airbus single-aisle fleet for many years", said John Leahy, Airbus Chief Operating Officer Customers, Airbus Commercial Aircraft.

Plane make Airbus has agreed a deal with U.S. low-priced airline Indigo Partners for 430 jets.

Separately, Egyptair, which placed an initial order for 12 Bombardier CSeries on Tuesday, could return for more airplanes from the larger planemakers, industry sources said.

The airline had announced orders for 288 planes as of the end of October.

The deal marks a major coup for Airbus's Chief Operating Officer John Leahy, who is expected to leave the group soon at the end of a career in which he oversaw the sale of almost 15,000 planes.

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