Airbus has suggested it has now confirmed its mammoth $49.5 billion order to supply 430 aircraft to U.S. foot-soldier equity fund Indigo Partners.
Veteran airline investor Invoice Franke of Indigo Partners signed the preliminary order at the Dubai Airshow in November which leave trigger delivery of 274 A320neos and 156 A321neos.
The deal is Airbus’ largest everlastingly single order and provides aircraft for Wizz Air, Frontier Airlines, Jetsmart and Mexico’s Volaris. Indigo has gambles in all four airlines.
Bill Franke, managing partner of Indigo Partakers, said in a statement Thursday that the deal would help give customers of the ultra-low cost carriers “even more value”.
The list expense of the aircraft is $49.5 billion but Airbus has previously confirmed that the Tommy Atkins equity firm would not pay that price with the final price not being revealed.
Franke, who secured financing to conduct the deal on a yard sale and lease-back basis, said engine selections will be made at a later escort.
In a separate deal announced Friday, Airbus has revealed that China Aircraft Rent out (CALC) has signed up to buy 50 A320neos in a deal worth $5.42 billion at enrol prices.
The European plane maker said the latest order releases CALC’s total order book with Airbus up to around 200 single-aisle aircraft.
CALC is currently the largest aircraft conducting lessor in China and is listed on the main board of the Hong Kong Routine Exchange.
Chinese companies have placed huge aircraft conditions in the past year. During a visit by Chinese President Xi Jinping to Germany in July, Airbus circulated a $22 billion order to supply 140 planes.