Subscribe Free
in Air Transport

Dubai Airshow: Indigo Partners commits to another 430 A320neo

Posted 15 November 2017 · Add Comment

Indigo Partners' four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional Airbus A320neo Family aircraft.

The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements between Airbus and the four airlines.
 
The 430-aircraft commitment, comprised of 273 A320neos and 157 A321neos worth $49.5 billion at list prices, was announced at the Dubai Airshow by Bill Franke, Managing Partner of Indigo Partners, and John Leahy, Airbus Chief Operating Officer Customers, Airbus Commercial Aircraft. When added to existing Airbus A320 Family orders, the new agreement will make Indigo Partners one of the largest customers by order number in the world for the Airbus single-aisle aircraft family. Airlines in the Indigo Partners family previously have placed orders for 427 A320 Family aircraft.
 
“This significant commitment for 430 additional aircraft underscores our optimistic view of the growth potential of our family of low-cost airlines, as well as our confidence in the A320neo Family as a platform for that growth,” said Bill Franke.  “Our airlines know that a great aircraft coupled with a great business plan will create value for our customers. We look forward to bringing comfort and low fares to more passengers around the world as Wizz Air, Volaris, JetSMART and Frontier continue to expand.”
 
John Leahy said: “Indigo Partners have been a tremendous customer and supporter of the Airbus single-aisle fleet for many years. An order for 430 aircraft is remarkable 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. We are proud to augment their airline fleets in Latin America, North America and Europe with the single-aisle aircraft that offers the lowest operating costs, longest range and most spacious cabin: the A320neo Family.”
 
Also present at the announcement were Enrique Beltranena, CEO of Volaris; Barry Biffle, CEO of Frontier Airlines; Estuardo Ortiz, CEO of JetSMART; and József Váradi, CEO of Wizz Air. They confirmed their firm’s individual aircraft orders as follows:

• Wizz - 72 A320neo, 74 A321neo
• Frontier - 100 A320neo, 34 A321neo
• JetSMART - 56 A320neo, 14 A321neo
• Volaris - 46 A320neo, 34 A321neo
 
Indigo Partners’ Bill Franke indicated that engine selections will be made and announced at a later date.
 
The A320neo Family incorporates the very latest technologies, including new generation engines and Sharklet wing-tip devices, which together will deliver 20 percent fuel savings by 2020.  With more than 5,200 orders received from 95 customers since its launch in 2010, the A320neo Family has captured nearly 60 percent market share.
 
Indigo Partners LLC, based in Phoenix, Arizona, is a private equity fund focused on worldwide investments in air transportation. 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

EAG supports Syrian refugee children in Greece

Etihad Aviation Group (EAG) has donated vital school and home supplies to more than one thousand Syrian refugee children at the Ritsona refugee camp near Athens.

SitaOnAir celebrates ten years of Mobile OnAir

SitaOnAir is celebrating a decade since the first ever inflight cellular data transmission and the birth of Mobile OnAir.

Supersonic boost as Aerion links with Lockheed Martin

Two leaders in supersonic technology, Aerion and Lockheed Martin have announced an MOU to explore the feasibility of a joint development of the world's first supersonic business jet, the Aerion AS2. Over the next 12 months, the

NAS launches new Pearl Lounges at Marrakech Menara Airport

National Aviation Services has launched its Pearl Lounges at the Marrakech-Menara Airport in Morocco reinforcing capacities at the newly renovated airport.

CEO of Airbus to step down

Airbus has announced that its CEO Tom Enders will be leaving the company in April 2019, reports aerotime.

Flydubai touches down at Kilimanjaro International Airport

Flydubai's inaugural flight touched down today at Kilimanjaro International Airport (JRO), increasing capacity to Tanzania and further expanding its network in Africa to twelve destinations.

Aviation Africa SK18418
See us at
AIME BT1204240118Istanbul Airshow BT22018Saudi Future Airports BT150318Aviation Africa BT18418MEBAA BT2018BIAS BT271017161118ArabianTravelMkBT250418