By Olivia Bugault 
 

Airbus SE (AIR.FR) said Monday that it has received a firm order for 120 A320neo family jets from low-cost airline Air Arabia PJSC (AIRARABI.DFM).

The order includes 73 A320neo jets, 27 A321neo and 20 A321XLR planes, the European plane maker said.

Air Arabia's fleet currently only comprises Airbus models with a total of 54 A320 family aircraft, it said.

At Airbus's 2018 list prices and before industry-standard discounts, the order is worth more than $14 billion.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

November 18, 2019 06:59 ET (11:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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