Europe Alert

Airbus, Boeing Seal More Than $75 Billion in Plane Deals

Airbus and Boeing secured more than $75 billion in single-aisle plane commitments, demonstrating unrelenting appetite for their most popular planes from discount carriers as the airlines lock in deals to support growth for years to come.

Airbus announced what it called one of the biggest aircraft deals in its history with a 430-jet agreement with airlines linked to Indigo Partners, a U.S. private-equity group with stakes in some of the fastest-growing low-cost carriers on three continents. The proposed deal carried a sticker price of almost $49.5 billion.

Boeing followed shortly after with a deal to sell Dubai-based Flydubai up to 225 more of its 737 Max 8 planes at a list price value of $27 billion. The deal is for 175 firm commitments with purchase rights for more, Boeing said.

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