Spirit Airlines close to agreeing major Airbus order: sources

Reuters Finance 3 weeks ago

(Reuters) - U.S. budget carrier Spirit Airlines (SAVE.N) is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus (AIR.PA), industry sources said.

Such a deal would be the first for the European planemaker since the United States imposed 10% tariffs on some of the planes it offers to U.S. carriers last week, as part of a long-running transatlantic trade dispute over aircraft subsidies.

Airbus declined comment. Spirit, which reports earnings later on Wednesday, did not respond to a request for comment.

A deal of that size would be worth up to $12 billion at the most recent 2018 Airbus list prices, but industry sources say such deals typically involve discounts of at least 50%.


Source link
Read also:
The New York Times › Finance › 3 weeks ago
U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus, industry sources said.
One America News Network › Finance › 3 weeks ago
By Tim Hepher and Tracy Rucinski (Reuters) - U.S. budget carrier Spirit Airlines on Wednesday unveiled a provisional deal to order 100 Airbus A320neo-family jets to be delivered through 2027,
RT › Finance › 1 month ago
Africa’s largest airliner, Ethiopian Airlines, is mulling a purchase of a fleet of Airbus planes. It would be the company’s first order since the crash of its Boeing 737 MAX in March, which killed 157 people. Read Full Article at RT.com
One America News Network › Finance › 3 weeks ago
CHICAGO (Reuters) - Spirit Airlines said it is working with Airbus SE and trade representatives to mitigate the impact of U.S. tariffs on European-made aircraft but does not see a
Reuters › Finance › 3 weeks ago
Spirit Airlines said it is working with Airbus SE and trade representatives to mitigate the impact of U.S. tariffs on European-made aircraft but does not see a near term impact on its overall cost structure.
Reuters › Finance › 4 days ago
Airbus is likely to win an order for at least 100 jets from Air Arabia , with an announcement possibly as soon as the Dubai Airshow next week, two sources told Reuters.
The New York Times › Finance › 3 days ago
Airbus is likely to win an order for at least 100 jets from Air Arabia with an announcement possibly coming as soon as the Dubai Airshow next week, two sources told Reuters.
Business Insider › Automobile › 1 month ago
Over the past 20 years, the commercial aviation industry has come to be dominated by Airbus and Boeing. Airbus and Boeing each own roughly half of the global large commercial airliner market. The two carriers compete on the same level, but Airbus is...
Forbes › Finance › 1 month ago
The WTO decision in the Airbus v Boeing dispute gave the U.S. side scope to impose huge tariffs on Airbus. The U.S. Trade Representative choose not to do so, despite hinting it may. This is due to the way Airbus marshaled its resources. The result is...
Reuters › Finance › 1 month ago
Mexican airline Interjet is close to a deal to buy 12 Airbus A220 passenger jets to replace its partly grounded fleet of Sukhoi Superjet regional aircraft, industry sources said.
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google
OR