Economics
In the News
Airbus secures $50 billion deal
15th November 2017
A terrific example here of the balance of bargaining power when a duopolist (Airbus) meets a business owning a group of low-cost airlines (monopsony buying power) to reach a deal for 430 aircraft worth - at list price - nearly $50 billion. The FT says that this may be the biggest deal in the history of aviation!
This may be the biggest deal in the history of aviation. https://t.co/gIk36qf4Bu
— Financial Times (@FT) November 15, 2017
#DAS17: proud to share our largest single commercial announcement ever with Indigo Partners' four portfolio airlines following the signature of a Memorandum of Understanding for 430 #A320neo Family aircraft - a deal worth nearly $50 billion at list prices. An Airbus record! pic.twitter.com/fX3lcLnmgK
— Airbus (@Airbus) November 15, 2017
Dubai Airshow: Airbus seals order with US firm Indigo https://t.co/5zIxdNlYGc
— BBC News (World) (@BBCWorld) November 15, 2017
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