Airbus $50bn jet deal takes sting out Boeing mega wins
Airbus announced the biggest commercial-plane transaction in its history, securing an order for single-aisle aircraft valued at nearly $50bn (€42.6bn) at the Dubai Air Show, outdoing Boeing’s own $20bn mega-deal.
The deal for 430 A320neo planes with US investor Indigo Partners marked a turnaround for Airbus at the expo, where it had been trailing its rival. It’s also a crowning achievement for sales chief John Leahy, who is set to retire after a career in which he has struck deals for more than 16,000 jets and lifted the European aircraft maker into a duopoly position with Boeing.
