a day ago
Airbus Kicks Off Air Show With Sale to Saudi Arabia's AviLease
Airbus SE landed an order for as many as 77 aircraft from Saudi Arabian lessor Avilease, kicking off dealmaking at the Paris Air Show.
The jet lessor, backed by the kingdom's sovereign wealth fund, agreed to acquire 30 Airbus A321 single-aisle jets, with options for 25 more, as well as 10 A350 freighters plus 12 options. After typical industry discounts, the order could approach $8 billion in value, based on estimates from consulting firm Ishka.