Indigo Partners nears deal for 400 Airbus jets

Emirati men visit the Dubai Airshow at its venue in Dubai

Also on Wednesday, Airbus won a $49.5 billion order from Indigo Partners' portfolio of low-priced airlines that include Frontier, Wizz Air, Volaris, and JetSmart. In a news release, company officials said low-priced airlines like Frontier are an avenue of growth in aviation. They are US company Frontier Airlines, Mexico's Volaris, Chilean carrier JetSmart and Hungary's Wizz. The A320neo is priced at $108m and the larger A321neo at $127m but manufacturers offer large discounts on jets.

Boeing booked a $27 billion deal with Fly Dubai for 225 737 MAX family aircraft, representing the largest single-aisle jet order (by number of airplanes and total value) recorded from a Middle East carrier.

Boeing stole the early headlines with an order for 40 planes, worth $15 billion at list prices, from Dubai's Emirates airline on Sunday.

"For long, the strategy of the Emirates has been to make investments everywhere in the world, possessing the most efficient and advanced fleet of aircrafts, our orders today has gone to buttress just that fact".

With the Airbus order, Indigo Partners, a US-based private equity fund, has doubled its existing order of 427 A320 family aircraft.

The Indigo Partners' airlines.

For now, the headline total of nearly 700 jets covered by air show announcements fails to change the order battle as barely 30 of the deals so far represent finalised contracts.

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The previous day, Boeing said that it had finalised an order for 20 additional 737 MAX 8s from ALAFCO Aviation Lease and Finance Company, doubling the lessor's order book for the MAX airplane. If all the deals they each announced at the show are finalized before the end of the year, they will head into the last weeks of 2017 neck-and-neck in the race for the biggest annual order tally.

The deal includes a new order for two aircraft, along with two others the airline announced as a commitment in June and which have now been converted into firm orders.

Landing such a massive deal is a coup for John Leahy, Airbus's chief salesman who is due to retire in the next few months.

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

"We like how it's shaping up", Kevin McAllister, head of Boeing Commercial planes, said of the midmarket jet over the weekend.

Emirati men visit the Dubai Airshow at its venue in Dubai.

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