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Airbus: Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft valued at USD49.5 billion 2017.11.17

Dubai, United Arab Emirates - November 15, 2017 - Airbus and 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.

Indigo Partners Signature A320neo A321neo.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft.
From left to right: - Barry Eccleston, CEO Airbus America - Barry Biffle, President and CEO Frontier Airlines - Bill Franke, Managing Partner, Indigo Partners LLC - John Leahy, Airbus Chief Operating Officer Customers - József Váradi, CEO Wizz Air - Enrique Beltranena, CEO Volaris - Estuardo Ortiz, CEO and Founder, JetSMART Airlines.
Photo courtesy of Airbus / JV. Reymondon
 

Dubai, United Arab Emirates - November 15, 2017

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

Airbus and 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.

Indigo Partners Signature A320neo A321neo.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft.
From left to right: - Barry Eccleston, CEO Airbus America - Barry Biffle, President and CEO Frontier Airlines - Bill Franke, Managing Partner, Indigo Partners LLC - John Leahy, Airbus Chief Operating Officer Customers - József Váradi, CEO Wizz Air - Enrique Beltranena, CEO Volaris - Estuardo Ortiz, CEO and Founder, JetSMART Airlines.
Photo courtesy of Airbus / JV. Reymondon
 
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.

Photo courtesy of Airbus / JV. Reymondon
 
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.

Photo courtesy of Airbus / JV. Reymondon
 
“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.”

Indigo Partners Signature A320neo A321neo.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft.
From left to right: - Barry Biffle, President and CEO Frontier Airlines - Bill Franke, Managing Partner, Indigo Partners LLC - John Leahy, Airbus Chief Operating Officer Customers - József Váradi, CEO Wizz Air - Enrique Beltranena, CEO Volaris - Estuardo Ortiz, CEO and Founder, JetSMART Airlines.
Photo courtesy of Airbus / JV. Reymondon
 
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.”

Indigo Partners A320neo - infographic.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft
.
Photo courtesy of Airbus
 
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.

A320neo Frontier.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft
.
Photo courtesy of Airbus / FIXION
 
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

A320neo JetSMART.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft
.
Photo courtesy of Airbus / FIXION
 
Indigo Partners’ Bill Franke indicated that engine selections will be made and announced at a later date.

A320neo Volaris.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft
.
Photo courtesy of Airbus / FIXION
 
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.

A320neo Wizzair.
Indigo Partners doubles existing A320neo Family order with commitment for additional 430 aircraft
.
Photo courtesy of Airbus / FIXION
 
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 A320neo Family.
Photo courtesy of Airbus / FIXION
 
Indigo Partners LLC, based in Phoenix, Arizona, is a private equity fund focused on worldwide investments in air transportation
.


Contact

Stefan Schaffrath
Vice President Media Relations
+33 5 61 93 42 99
stefan.schaffrath@airbus.com  

Matthieu Duvelleroy
Media Relations Manager Middle East, France, Environment
+33 629 431 564
matthieu.duvelleroy@airbus.com  

Justin Dubon
Head of Global News
+33 5 61 93 31 99
justin.dubon@airbus.com  

Clay McConnell
Head of Communications Airbus Americas
+1 703 834 3532
clay.mcconnell@airbus.com  


Source: Airbus Newsroom

http://www.airbus.com/newsroom.html  



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