Mohammed bin Rashid Al Maktoum

Airbus to sell 430 planes to Phoenix-based Indigo for $49.5B

Airbus signed a $49.5 billion deal on Wednesday to sell 430 airplanes to the Phoenix-based private equity firm that owns Frontier Airlines, striking the European aerospace firm's biggest deal ever at the Dubai Air Show.

Meanwhile, Boeing reached an agreement with low-cost carrier FlyDubai to sell 225 Boeing 737 MAX 10 aircraft — a deal valued at $27 billion. The biennial air show closes on Thursday.

"It's ended up going out on a high," airline analyst John Strickland of JLS Consulting said. "It shows once again the importance of this part of the world to the big airplane manufacturers."

The Airbus deal with Indigo Partners will split 273 A320neos...

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