Airbus and Boeing Finalize Landmark $77 Billion Agreement!

Indigo Partners’ four airlines have agreed to buy a total of 430 new A320neo Family aircraft. These planes will be distributed among Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico), and Wizz Air (Hungary) once final purchase agreements with Airbus are completed.

This order includes 273 A320neos and 157 A321neos, with a total value of $49.5 billion based on list prices. This deal will make Indigo Partners one of the world’s largest customers for Airbus single-aisle aircraft. Previously, airlines within Indigo Partners had ordered 427 aircraft from the A320 Family.

Meanwhile, Boeing landed a significant order worth $27 billion for their 737 Max jets from FlyDubai, a budget airline. FlyDubai, which works closely with the larger airline Emirates, signed a deal for 175 firm orders and 50 additional options. FlyDubai’s fleet currently consists entirely of Boeing planes, and with this new order, the airline now has 320 planes on the way.

Typically, buyers get discounts ranging from 40% to 60% on these list prices, with even larger reductions possible for substantial deals like these. Both Airbus and Boeing secured these major orders during the Dubai Air Show, an event where they often compete to finalize significant contracts.