Airbus lands £38bn deal for record 430 budget airline planes

Order signed at the Dubai airshow offers a major boost to Airbus, which has lagged arch-rival Boeing in deals this year

Airbus has landed the aerospace industry’s biggest-ever deal by number of planes, with an agreement to sell 430 jets worth up to $50bn (£38bn) to budget airlines.

The preliminary deal for A320neo narrowbody jets was signed at the Dubai airshow on Wednesday and offers a major boost to Airbus, which has lagged arch-rival Boeing in deals this year.

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