AIRBUS IS celebrating after Indigo Partners’ four portfolio airlines signed a memorandum of understanding (MOU) for 430 A320neo Family aircraft. The jets will be split between Frontier Airlines, JetSMART, Volaris and Wizz Air upon completion of the final purchase agreement.
The commitment, comprising 273 A320neos and 157 A321neos, is valued at $49.5bn at list prices.
“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, Managing Partner of Indigo Partners. “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.”