×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Emirates | Dubai Air Show

Airbus, Jazeera Airways Strike $3.3 Billion Aircraft Deal

Tuesday, 16 November 2021 04:01 AM EST

DUBAI, United Arab Emirates (AP) — Airbus won its third deal of the Dubai Air Show on Tuesday valued over $3.3 billion to sell 28 new aircraft to Kuwait's Jazeera Airways.

The European plane maker's agreement includes 20 single-aisle A320neos and eight A321neos, which competes directly with Boeing's 737 Max, along with an option to sell another five new planes to the low-cost, fast-growing airline.

“Now is the right time to evolve, grow and invest in the future,” said Roohit Ramachandran, CEO of Jazeera Airways, calling it a “realistic, modest” order. The executives said the first planes should be delivered in 2026.

The show in Dubai sees a stream of order and product announcements. On the first two days, Airbus also made blockbuster sales. Airbus clinched a major deal on Monday valued into the billions of dollars to sell 111 new aircraft to the Air Lease Corporation.

Airbus boosted its order book on the opening day of the show with the sale of 255 new aircraft to Indigo Partners’ various low cost carriers — a deal valued at some $30 billion, based on the pre-pandemic price list.

The Dubai trade show typically pits France-based Airbus and its American rival Boeing, the two manufacturers at the top of the supply chain, against each other in the crucial Mideast market filled with long-haul carriers connecting East and West. Boeing has yet to make a major order announcement at the five-day show in the United Arab Emirates' commercial hub.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Airbus won its third deal of the Dubai Air Show on Tuesday valued over $3.3 billion to sell 28 new aircraft to Kuwait's Jazeera Airways.The European plane maker's agreement includes 20 single-aisle A320neos and eight A321neos, which competes directly with Boeing's 737 Max,...
Emirates,Dubai Air Show
244
2021-01-16
Tuesday, 16 November 2021 04:01 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved