Boeing vs Airbus: $77 billion in deals in under 2 hours

Airbus has struck its biggest single deal with an order for 430 aircraft worth $49.5bn at list prices from a United States owner of a string of budget airlines.

The fund owns four ultra low cost airlines, amongst which the new fleet will be shared as follows: Wizz Air (Hungary) 72 A320neo, 74 A321neo; Frontier Airlines (USA) 100 A320neo, 34 A321neo; JetSMART (Chile) 56 A320neo, 14 A321neo, and Volaris (Mexico) 46 A320neo, 34 A321neo.

The Indigo deal more than doubles Airbus's existing order book for the year, which stood at about 290 aircraft as of the end of October. 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.

Boeing stole the early headlines with an order for 40 planes, worth $15 billion at list prices, from Dubai's Emirates airline on Sunday. It will also see Airbus take 55% of the global market, and push the number of models sold above 5,500, since the launch of the A320neo in 2010 (compared to the 4,000 orders seen at Boeing since the launch of the rival 737 MAX).

"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.

Airbus has closed the gap with the single largest order in company history.

For Airbus, the $49.5 billion list price value is seen as a record, though it is eclipsed by a $76 billion Emirates deal with Boeing in 2013.

The Indigo Partners' airlines.

Boeing is dominating the Dubai show so far, after Dubai's Emirates airline announced a surprise 787 Dreamliner order.

But even with that factored this, Dubai's airshow has become a highlight of this year's race for sales supremacy between the two companies.

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.

  • Anthony Vega