Economic news

Airbus signs its largest airplane deal ever

Airbus will sell 430 airplanes for $49.5 billion to U.S. investment company Indigo Partners. The European aerospace company's largest deal ever included A320neos and A321neos.

Indigo has stakes in Wizz Air, Frontier Airlines, Jetsmart and Mexico's Volaris. The aircraft will be delivered for them.

Airbus had been falling behind opponent Boeing this year in terms of new aircraft orders but this large contract advances the European planemaker to be prevalent in the market.

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