Airbus and Indigo Partners Finalize $50 billion Aircraft Order
Airbus has finalized agreements with Indigo Partners and its four portfolio airlines for the purchase of 430 Airbus A320neo family aircraft for ultra-low-cost airlines.
The order is made up of 274 A320neos and 156 A321neos worth $49.5 billion at list prices. Airlines involved in the deal include Frontier (US), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary).
The deal is Airbus’ largest single order and follows a Memorandum of Understanding announced at the 2017 Dubai Air Show in November.
The aircraft will be delivered to the individual airlines as follows: Wizz: 72 A320neo and 74 A321neo; Frontier: 100 A320neo and 34 A321neo; JetSMART: 56 A320neo and 14 A321neo; Volaris: 46 A320neo and 34 A321neo.
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 5,800 orders received from 98 customers since its launch in 2010, the A320neo Family has captured some 60 percent market share.
Airlines in the Indigo Partners family had previous placed orders for a total of 427 A320 Family aircraft.