Airbus is hoping to clinch an order for 36 A380s from Emirates. If the deal falls through, the world’s largest airliner may be phased out, Reuters reported. AFP PHOTO / ERIC FEFERBERG
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Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of billion-dollar deals to close a traumatic year dominated by management upheaval and corruption investigations. Deals announced this week include confirmation of a record 430-jet order brokered by U.S.-based private equity firm Indigo Partners on behalf of four airlines. The Indigo deal and up to 275 other last-minute orders are seen as a swan song for Airbus sales chief John Leahy, who is due to retire in January after roughly trebling Airbus's market share in his 23 years at the helm.Both Airbus and Boeing have deep pockets to offer discounts on best-selling narrow-body jets, where they make most profit.By contrast, it has been a poor year for orders of Airbus wide-body jets.
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