Airbus set to secure record order from Indigo Partners

Airbus set to secure record order from Indigo Partners

Airline pioneer Bill Franke placed a historic order for 430 Airbus A320neo-family jets on Wednesday, doubling down on investments in ultra-low cost airlines that offer bargain ticket prices coupled with a slate of extra fees.

"An order for 430 aircraft is remarkable, but it's particularly gratifying to all of us at Airbus when it comes from a group of airline professionals who know our products as well as the folks at Indigo Partners do".

Even with a massive haul from Indigo, Airbus may not be done at the Dubai event.

The deal is expected to be officially announced later Wednesday at the Dubai Air Show, they added.

Airbus says that 146 of the aircraft will go to Wizz Air, 134 to Frontier Airlines, 80 to Volaris and 70 to JetSmart.

American Airlines in 2011 ordered 460 new planes in a single deal, but that was spread between both Boeing and Airbus. The latter is weighing an order for as many as 175 narrow-body planes that could be split between the A321neo and Boeing's 737 Max. The carriers will begin taking delivery of the aircraft between 2022 and 2026.

The Indigo deal would more than double Airbus's existing order book for the year, which stood at about 290 aircraft as of October 31. It will also be seen as a coup for outgoing sales head John Leahy, who is due to retire this year - especially as long-running talks with Emirates to sell more of its flagship A380 superjumbos have so far failed to produce a deal.

The deal includes 273 A320neo jets and 157 of the larger A321neo variant.

Plane make Airbus has agreed a deal with U.S. low-priced airline Indigo Partners for 430 jets.

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