Franke, whose Phoenix-based Indigo Partners controls Frontier Airlines and owns part of Mexico's Volaris, flew to the UAE today to sign the deal at the Dubai Airshow, marking one of the industry's biggest ever deals by volume, two people familiar with the matter said, Reuters reported. "I can see a place in transcontinental U.S. and Asia", he said, adding it would suit markets with congested airports but relatively low freight traffic, where airlines may not be willing to bet on a traditional twin-aisle jet sitting more than 250 people.
Here's a quick walkthrough of the massive deals that have been announced in the past 4 days.
With the Dubai show winding down, Airbus' mega-sale made up for its disappointment earlier this week when a big sale of A380 jets to Emirates Airline failed to come together. "The 787 that will be coming in is viewed as a much-needed support of the 777 that is already in our hangers, it is also a complement to the A380 line of planes we already have, more flexibility is availed us by this new batch giving us more capacity for service as we press on in the development of route network around the world". It will serve as an important counterpoint to the ongoing complaints from the three U.S. legacy airlines which are lobbying to change air transport agreements that have et the Middle East's three big carriers compete for USA passengers. The deal-making master is credited with creating the sales juggernaut that is Airbus. Although pricey, investment in these aircraft is meant to help these airlines operate and grow in a more efficient manner.
Emirates now relies exclusively on the Airbus 380 and the Boeing 777, making it the largest operator of both.
GameStop Delays All-You-Can-Play Used Game Rental Program, PowerPass
GameStop announced a used game subscription service in late October that sounded nearly too good to be true. At the end of the six-month period, a PowerPass customer could choose one game to keep.
EgyptAir in deal to buy 24 Bombardier C-Series planes
Earlier this month, Montreal-based Bombardier said an unidentified European customer was planning to buy 31 CSeries aircraft with options for 30 more.
Researchers are claiming a cheap mask can fool iPhone X Face ID
Finally, to prove that the facial recognition software on the iPhone X is working correctly he unlocks the phone using his face. It requires the knowledge of how Apple's Face ID and the neural network behind it works, according to the firm.
According to commentators, the deal marked a dramatic turnaround for Airbus, which had been lagging behind Boeing in the contest for orders so far this year and had a bad start to the 12 -16 November air show.
The agreement was signed with Indigo Partners to build the plans for four airlines that company owns.
The A320neo and A321neo jets feature new generation engines that use 15 percent less fuel compared to their peers. It's managed by William Franke, a pioneer of the cheap tickets and high fees airline business that has spread overseas and is growing in the United States.
The airline had announced orders for 288 planes as of the end of October.