European planemaker Airbus has won a nearly $49.5 billion record bid for its planes. The bid was made by the American investment company Indigo Partners. The contract was announced at the aerosalon in Dubai and is one of the largest engagements in the aviation industry.
The order includes 273 A320neo and 157 A321neo planes. The final value of the contract will be significantly lower than the catalog price, as aircraft manufacturers provide discounts to their customers for larger orders. Airbus shares rose over 3 percent and were trading at nearly 87 euros on Wednesday morning.
The aircraft which was bought Indigo Partners will be used in Frontier Airlines, Volaris, JetSMART from Chile and Wizz Air from Hungary. Additionaly, Indigo owns Frontier Airlines and shares in the Mexican airline Volaris. At last, Indigo owns Bill Franke, the pioneer of the cheap flights.
Indigo Partners contract includes 72 A320neo and 74 A321neo planes for Wizz Air, 100 A320neo, 34 A321neo planes for Frontier. 46 A320neo, 34 A321neo planes for Volaris and 56 A320neo, 14 A321neo planes for JetSmart.
The last biggest contract for Airbus was in August 2015. India´s low-cost IndiGo bought 250 planes A320neo. The catalog value was then $26 billion. Two companies IndiGo and Indigo Partners aren´t related.
In Dubai aerosalon, Airbus was the second best in securing contracts so far. His biggest rival Boeing sealed the deal with Emirates for 40 aircraft 787-10 Dreamliner in over $15 billion bid.