Dubai Airshow: Wizz Air order 146 A320neo family aircraft

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Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-priced industry and turning the annual race between Airbus and Boeing for plane orders on its head.

Airbus has signed a Memorandum of Understanding with Kuwait's Golden Falcon Aviation for 25 Airbus A320neo family aircraft.

Indigo Partners is a United States investment firm founded by Bill Franke that specialises in the lease of planes to low-priced airlines.

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.

European carrier Wizz Air Holdings Plc.

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The order, worth $49.5bn, at list prices, comprises 273 A320neos and 157 A321neos and will be spread between Indigo's four airlines.

New Chile-based airline, JetSmart. "We are convinced that the Airbus A320neo and A321neo will be game-changer aircraft for Wizz Air, as we continue to grow at an industry-leading rate and expand our market reach across and beyond Europe", said József Váradi, Wizz Air's chief executive officer.

The air show is proving a positive one for Airbus, who began the annual event lagging behind rival Boeing in the order department in 2017, so far.

Reuters reported on Sunday that budget carrier flydubai was talking to Airbus and Boeing about a potential new order for up to 175 passenger jets and talks had accelerated.

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