Airbus gets order for 430 A320neo Family aircraft from Indigo Partners
December 29, 2017: In a recent development, 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 purchase agreement follows a Memorandum of Understanding (MoU) between parties, which were announced at the Dubai Air Show last month.
The 430-aircraft order comprises 274 A320neos and 156 A321neos worth $49.5 billion. Airlines in the Indigo Partners family had previous placed orders for a total of 427 A320 Family aircraft.
'The 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 ahead to create more value for passengers around the world with these modern and efficient aircraft.'
John Leahy, COO Customers of Airbus said: 'Bill Franke and the teams from Wizz, Volaris, JetSMART and Frontier are great partners, and the global Airbus team is 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 %u2018NEO' a great choice for these low-cost airlines in the Americas and Europe.'
The aircraft ordered has a mix of A320neos and A321neos. The delivery order comprises 72 A320neo and 74 A321neo to Wizz, 100 A320neo and 34 A321neo to Frontier, 56 A320neo and 14 A321neo to JetSMART, and 46 A320neo and 34 A321neo to Volaris.
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 Sharklet wing-tip devices, which together will deliver 20 percent fuel savings by 2020. With over 5,800 orders received from 98 customers since its launch in 2010, the A320neo Family has captured about 60 percent market share.