Airbus nears deal to sell around 400 jets to Indigo Partners: sources

FAN Editor
FILE PHOTO: The logo of Airbus Group is seen on the company's headquarters building in Toulouse, Southwestern France
FILE PHOTO: The logo of Airbus Group is seen on the company’s headquarters building in Toulouse, Southwestern France, April 18, 2017. REUTERS/Regis Duvignau/File Photo

November 15, 2017

DUBAI (Reuters) – Airbus SE <AIR.PA> is close to agreeing a blockbuster order worth more than $40 billion at list prices to sell around 400 aircraft to U.S.-based investment fund Indigo Partners, founded by low-cost airline pioneer Bill Franke, two sources said.

The sources, who were familiar with the matter, said the deal could be unveiled at the Dubai Airshow later on Wednesday in a huge comeback for the European planemaker, which had so far been upstaged by rival Boeing Co <BA.N> at the airshow and in the annual aircraft orders race.

Airbus and Indigo Partners declined to comment.

(Reporting by Tim Hepher in Dubai; Editing by Himani Sarkar)

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