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

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

Airbus SE is close to agreeing a blockbuster order worth more than US$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.

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

DUBAI: Airbus SE is close to agreeing a blockbuster order worth more than US$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 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)

Source: Reuters

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