Semiconductor firms provide a timely boost with South Korea’s Samsung posting its best second-quarter profit in four years
Without the powerhouse, the JSE would have provided a dismal 3%-4% annually in rand in the last decade
‘The government is doing very little to mitigate the consequences this will have for everyone living in SA,’ says Amnesty SA’s Shenilla Mohamed
ANC national chair Gwede Mantashe and President Cyril Ramaphosa have previously defended cadre deployment
Michael Avery speaks to Chris Holdsworth, chief investment strategist at Investec Wealth and Investment
The move will speed up the process of procuring additional power for the grid
Business Day TV talks to CEO of the Small Business Institute, John Dludlu
Russian warplanes strike the recaptured island after Ukrainian soldiers raise the national flag
SA canoeist is excited about competing at the World Games in Alabama
The vertiport at Seletar could serve as a global model for what the future of mobility may look like
Paris — Airbus announced its largest order yet on Wednesday, signing a deal to supply 430 of its medium-range A320 family of aircraft to US investment company Indigo Partners at a list price of $49.5bn.
"An order for 430 aircraft is remarkable," said Airbus chief operating officer John Leahy.
"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."
The announcement sent Airbus’s share price soaring, rising by more than 3.0% to €86.09 in a generally softer market.
Airbus’s Fabrice Bergier told AFP at the Dubai Air Show, where the announcement was made, that the contract was a "new sign of confidence" in the European aircraft maker’s jets.
"It’s an overwhelming success for Airbus and its A320 aircraft," he said. The order is for 273 A320neos and 157 A321neos, the revamped and more fuel-efficient version of Airbus’s most popular single-aisle passenger jet, the A320.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.