50 SKY SHADES - World aviation news

Indigo Partners doubles existing A320neo Family order

Download: Printable PDF Date: 15 Nov 2017 04:56 category:
Indigo Partners doubles existing A320neo Family order - Manufacturer publisher
Tatjana Obrazcova
Country: France Aircraft: Airplanes

Valued at $49.5 billion, this is Airbus’ largest single announcement ever

Airbus, Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional 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

A320neo Wizzair

  • Frontier - 100 A320neo, 34 A321neo

A320neo Frontier

  • JetSMART - 56 A320neo, 14 A321neo

A320neo JetSmart

  • Volaris - 46 A320neo, 34 A321neo

A320neo Volaris

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.                  

Loading comments for Indigo Partners doubles existing A320neo Family order...


Airbus and human spaceflight: from ATV to Orion

On 9 March 2008 the first of five spacecraft was launched With 10 successful years as prime contractor for ESA, Airbus heads for new horizons Ten years as prime contractor for ESA – it&rsq...

Indian demand for new aircraft forecasted at 1,750 over 20 years

20-year growth almost twice as fast as the world average Largest footprint in India of any international aircraft manufacturer Every Airbus commercial aircraft is partly ‘Made in India&rs...

airBaltic Growth Story Continues Also in February

The Latvian airline airBaltic in February 2018 has transported 215 839 passengers or 23% more than last year to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. This is a new...

SaxonAir's Legacy 500 Corporate event in partnership with London City Airport

Private air charter provider, SaxonAir, has joined London City Airport in celebrating its 30th year anniversary by performing a special demonstration flight into the airport with its class-leading Emb...

Centreline becomes Europes's primary operator of Embraer Legacy 500

Centreline, the leading European aircraft charter and management company, has strengthened its position as the continent's most significant operator of the Legacy 500 aircraft after taking deliver...

Citation Longitude circles globe, covering 31,000 nautical miles in 31 days

 Textron Aviation Inc., announced the Cessna Citation Longitude has successfully circumnavigated the globe, demonstrating its commanding performance and impressive reliability to customers along...