Airbus set to secure record order from Indigo Partners

Airbus set to secure record order from Indigo Partners

Indigo controls Frontier and Chilean low-cost start-up JetSmart and also holds stakes in Mexican budget airline Volaris and European low-cost carrier Wizz.

Private equity firm Indigo Partners, which has set up ultra-low cost airlines around the world, made the massive order Wednesday at the Dubai Air Show for Airbus' single-aisle A320neo family airliners.

A spokesman for Airbus declined to comment, as did Indigo says Bloomberg.

It would be the biggest ever order for Airbus and would more than double the value of the company's sales for the year.

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

An A320neo in the Wizz Air colours
An A320neo in the Wizz Air colours

The pact with U.S. investor Indigo Partners gives Airbus the upper hand at the Dubai Air Show, where it has been trailing its United States rival in orders.

The air show is proving a positive one for Airbus, who began the annual event lagging behind rival Boeing in the order department in 2017, so far.

Previously, in 2015, Airbus landed its biggest single order for airliners when it agreed to sell 250 A320neos to Indian carrier IndiGo in a deal worth $26.6bn at list prices.

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.

The umbrella deal is created to supply aircaft to four airlines in which Franke's Indigo Partners investment company has stakes: USA -based Frontier Airlines, Mexico´s Volaris, Chilean carrier JetSmart and Hungary's Wizz.

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