Airbus Close to Winning $5.5 Billion Order From Jet Airways
- Jet Airways in talks to order combination of 50 A320neo, A220
- Boeing, Embraer also in talks with former bankrupt airline
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Airbus SE has emerged as the front-runner to win an order for as many as 50 aircraft worth up to $5.5 billion from Jet Airways India Ltd., people familiar with the matter said, solidifying the European planemaker’s hold in the world’s fastest-growing aviation market.
The talks are for A320neo jets and A220 planes, the people said, asking not to be identified because the deliberations are private. Boeing Co. and Embraer SA are also in discussions and no final decision has been taken, the people said. Although at sticker prices any transaction would be north of $5 billion, discounts are common in such large purchases. While delivery slots are scarce, airlines can lease jets from lessors who buy in bulk.