Airbus : a history command at $ 40 billion

Airbus just inked its biggest airplane order ever

Airbus has signed a deal to sell 430 jetliners, one of the largest orders in the history of commercial aviation.

The blockbuster finale to the main part of the November 12-16 show lifted a despondent mood that had settled over the Airbus chalet when a deal for A380 superjumbos collapsed on day one.

The purchase commitment, comprised of 273 A320neos and 157 A321neos worth 49.5 billion USA dollars at list prices, was announced at the Dubai Airshow by Bill Franke, Managing Partner of Indigo Partners, and John Leahy, Airbus Chief Operating Officer-Customers.

Shortly after, FlyDubai and Chicago-based Boeing Co. announced their $27 billion deal.

Boeing, the US aerospace company, said that FlyDubai of the United Arab Emirates has agreed to buy 175 of its 737 Max planes, along with rights to buy another 50. The venue has previously been the site of major deals between aircraft manufacturers and the big Middle East carriers, though order activity this year is more muted as Qatar Airways is banned from the event and Etihad Airways retrenches.

Emirates believes Airbus can meet demands from the airline's owner, the Dubai government, for the European planemaker to guarantee development of the superjumbo A380 programme. So it appeared to snub Airbus on Sunday, and chose to purchase 40 American-made Boeing 787-10 Dreamliners in $15.1bn deal that's certain to please US President Donald Trump who has touted the plane's sales as a job creator in America.

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"It's ended up going out on a high", airline analyst John Strickland of JLS Consulting said.

The Boeing 787 will give Emirates a level of flexibility and economy that its larger Boeing 777-300ER and Airbus A380 fleet could not approach.

The agreement signed by the aviation company includes the rights to turn up the 787-9s of the aircraft, providing the airline increased flexibility for the global network and future fleet it envisages to command in the coming years.

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

The A320neo and A321neo jets feature new generation engines that use 15 percent less fuel compared to their peers.

"Ours is a fast growing region and we expect growth". Stay tuned for more action.

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