16 November, 2017
Airbus's biggest previous sale came in August 2015 when it sold 250 A320neos to Indian budget airline IndiGo, a deal estimated to be worth 26 billion dollars (£20 billion) at list prices.
The airlines that use the aircraft will include Frontier Airlines, based in Denver, JetSMART of Chile, Volaris in Mexico and Wizz Air of Hungary. They are US company Frontier Airlines, Mexico's Volaris, Chilean carrier JetSmart and Hungary's Wizz.
The agreement puts pan-European Airbus ahead of U.S. rival Boeing in the battle to sell the most aircraft at the Dubai event.
The American manufacturer won another deal from Fly Dubai, the city's low-priced carrier, for 225 737MAX jets worth $27 billion on Wednesday. The order has a theoretical value of more than $1.3bn at list prices.
The Indigo Partners deal is the single largest order by number of aircraft that any individual plane maker has received.
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There's nothing like an global air show to bring out the multibillion-dollar sales, and the 2017 Dubai Airshow is setting a new standard.
According to reports, Airbus is close to signing the biggest deal in its history.
John Leahy, COO, Customer, Airbus Commercial Aircraft, described the deal as 'remarkable, and thanked his sales team.
"An order for 430 aircraft is remarkable, but it's particularly gratifying to all of us at Airbus when it comes from a group of airline professionals who know our products as well as the folks at Indigo Partners do". "There is enough demand for us and competitors", he said.
AerCap is the world's largest lessor of the Airbus A320neo; and the largest customer of the Boeing 787, with 116 on order and owned. Overall, Boeing has been eating Airbus's lunch so far this year, out-selling the Toulouse, France-based planemaker by 690 to 343.
AerCap is also behind a leasing deal to provide EgyptAir with six Boeing 787-9 Dreamliner aircraft, which will start operating in 2019. The agreement was announced this week at the Dubai Airshow.