Airbus nears historic deal

Airbus SE is nearing the biggest deal in its history, negotiating to sell 430 A320neo single-aisle planes valued at more than $40 billion to U.S. investor Indigo Partners, people familiar with the matter said. The aircraft would go to airlines in Indigo’s investment portfolio: Frontier Airlines, Mexico’s Volaris, European carrier Wizz Air Holdings and JetSmart, which began operating this year in Chile. The Airbus-Indigo transaction is set to be announced Wednesday. Airbus builds the A320 family of jetliners in Toulouse, France; Hamburg, Germany; Tianjin, China; and Mobile, Ala. (Source: Bloomberg, 11/14/17)