The daily business briefing: November 15, 2017

Airbus signs a massive deal with Frontier Airlines' owner, Republicans add ObamaCare mandate repeal to Senate tax bill, and more

An Airbus A350 at the Dubai Airshow
(Image credit: KARIM SAHIB/AFP/Getty Images)

1. Airbus seals $49.5 billion aircraft deal, its biggest sale

Airbus on Wednesday signed a $49.5 billion deal at the Dubai Air Show to sell 430 jets to Indigo Partners, the Phoenix-based private equity firm that owns Frontier Airlines. Frontier and several overseas ultra-low-cost airlines associated with Indigo will split 273 A320neos and 157 A321neos in one of the largest deals in aviation history. Both aircraft are twin-engine, single-aisle planes popular for their low fuel consumption. The announcement helped Airbus bounce back from the embarrassment of having believed it had reached an agreement to sell its A380 double-decker jumbo jet to Emirates, only to see the state-owned airline sign a $15.1 billion deal with Boeing.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.