Airbus, Jazeera Airways reach $3.3 billion aircraft deal
Airbus won its third deal of the Dubai Air Show on Tuesday valued over $3.3 billion to sell 28 new aircraft to Kuwait’s Jazeera Airways.
The European plane maker’s agreement includes 20 single-aisle A320neos and eight A321neos, which competes directly with Boeing’s 737 Max, along with an option to sell another five planes to the low-cost, fast-growing airline.
While the executives described the deal as a memorandum of understanding rather than a firm order, Rohit Ramachandran, CEO of Jazeera Airways, said he considered the handshake “to far exceed any immediate formal collateral” behind the agreement.
