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U.S. investor nears record 400-jet Airbus order - sources

Reuters  |  DUBAI 

By Tim Hepher and Alexander CornwellDUBAI (Reuters) - Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-cost industry and turning the annual race between Airbus and Boeing for plane orders on its head.Franke, 80, flew to the United Arab Emirates on Wednesday and was due to sign at the Dubai Airshow, marking one of the industry's biggest deals by volume and the most planes sold by Airbus in one batch, two people familiar with the matter said.Franke's Indigo Partners, which controls Denver-based Frontier Airlines and ...

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First Published: Wed, November 15 2017. 13:35 IST