 "Visitors attend the Edge display during the Dubai Air Show, on Sunday. Photo: Reuters")
Airbus SE notched a mega-order for 255 narrow-body jets at the Dubai Airshow, bolstering the European planemaker’s case that aircraft demand has started to roar back from the lows of the coronavirus pandemic.
The deal for Airbus’s larger A321 model is valued at more than $30 billion before typical industry discounts. It will be parceled out among Wizz Air Holdings, Frontier Group Holdings and two other low-cost carriers that count Bill Franke’s Indigo Partners LLC as their top shareholder, the companies said Sunday.
Airbus is trying to persuade suppliers to prepare for an acceleration of narrow-body output past pre-Covid
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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