Airbus Strikes 2nd Major Aircraft Deal of Dubai Air Show

Airbus Strikes 2nd Major Aircraft Deal of Dubai Air Show
Airbus chief commercial officer Christian Scherer (L) and Airbus CEO Guillaume Faury react after signing a commemorative paper marking a deal at the Dubai Air Show in Dubai, United Arab Emirates, on Nov. 15, 2021. Jon Gambrell/AP Photo
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DUBAI, United Arab Emirates—Airbus clinched a major deal on Monday valued into the billions of dollars to sell 111 new aircraft to the Air Lease Corporation, its second blockbuster order at the Dubai Air Show.

Air Lease, the Los Angeles-based jet financing and leasing company, added to its expanding fleet with 25 A220-300s, 55 A321neos, 20 A321 XLRs, four A330neos, and seven A350Fs. At Airbus’ pre-pandemic list prices, the order would exceed $15 billion, although major deals typically see manufacturers offer significant discounts to buyers. The company did not provide any details on the sale price.