Airbus has finalised agreements with Indigo
Partners and its four portfolio airlines for the purchase of 430 additional
A320neo Family aircraft for ultra-low-cost airlines Frontier Airlines (United
States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary). The
signed purchase agreement follows a Memorandum of Understanding among the
parties announced at the Dubai Air Show last month.
The 430-aircraft order is made up of 274
A320neos and 156 A321neos worth $49.5 billion at list prices. Airlines in the
Indigo Partners family had previously placed orders for a total of 427 A320
“These customer-friendly and efficient
A320neo Family aircraft form a great platform for continued growth for our
family of ultra-low-cost airlines,” said Bill Franke, managing partner of
Indigo Partners. “The Indigo Partners team looks forward to creating even more
value for even more passengers around the world with these modern and efficient
John Leahy, Airbus’ chief operating
officer, Customers, added, “Bill Franke and the teams from Wizz, Volaris,
JetSMART and Frontier are great partners, and the global Airbus team is very
proud to continue to meet their growing needs for aircraft that provide value,
reliability and comfort. The A320neo Family offers the lowest operating
costs, longest range and most spacious cabin in the single-aisle aircraft
market, making the ‘NEO’ a great choice for these low-cost airlines in the
Americas and Europe.”
The aircraft ordered today are a mix of
A320neos and A321neos. Wizz will get a total of 72 A320neo and 74 A321neo;
Frontier-100 A320neo and 34 A321neo; JetSMART - 56 A320neo and 14 A321neo; and
Volaris - 46 A320neo and 34 A321neo.
Indigo Partners’ Franke indicated that
engine selections will be made at a later date. The A320neo Family incorporates
latest technologies, including new generation engines and Sharkletwing-tip
devices, which together will deliver 20 percent fuel savings by 2020.
With more than 5,800 orders received from 98 customers since its launch in
2010, the A320neo Family has captured some 60 percent market share.
Indigo Partners LLC, based
in Phoenix, Arizona, is a private equity fund focused on worldwide investments
in air transportation.