After Boeing showstopper, Airbus seeks order bounce


The European planemaker has been negotiating with US investor Bill Franke whose Indigo Partners has been known to place orders for multiple airlines within its portfolio and could close a deal at the Paris Airshow, industry sources said.

LE BOURGET (France): Airbus, reeling from the potential loss of a major customer for its bestselling A320neo after British Airways owner IAG placed a lifeline order for Boeing’s grounded 737 MAX, has prepared to hit back with more orders for its new A321XLR.

The European planemaker has been negotiating with US investor Bill Franke whose Indigo Partners has been known to place orders for multiple airlines within its portfolio and could close a deal at the Paris Airshow, industry sources said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Airbus , Boeing , orders ,

   

Next In Business News

MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close
Fajarbaru wins RM13.33mil contract from Malaysia Airports
Fitters Diversified bags RM26.1mil subcontract from IJM Construction
CIMB Thai 1Q net profit dips 24.6% to 626.1 million baht
Maxis ready to build another 5G network, fully supports govt 5G delivery model
Iconic Worldwide raises RM95.6mil in oversubscribed rights issue

Others Also Read