Showing posts with label INDIGO PARTNERS. Show all posts
Showing posts with label INDIGO PARTNERS. Show all posts

Saturday, 17 September 2022

Airbus Updates No.3798

 

Wizz Air firms up 75 Airbus A321neo options

Wizz Air Holdings has firmed up seventy-five A321-200N options as it seeks to both grow its fleet and lower its fuel consumption.

"On 14 September 2022, [Wizz Air] gave notice to Airbus to exercise Purchase Rights in relation to 75 Airbus A321neo aircraft. Delivery dates of the Purchase Option Aircraft are subject to agreement between Wizz Air and Airbus and will be subject to the approval of Wizz Air shareholders as a Class 1 transaction under the Financial Conduct Authority's Listing Rules," the carrier said in a stock market filing.

The options were secured as a part of its 2021 order for seventy-five A321-200Ns and twenty-seven A321-200NY(XLR)s, Wizz Air's share of an order for 255 aircraft placed by the LCC's investor Indigo Partners.

Wizz Air said the new order would bring it closer to its target fleet of around 500 aircraft by the end of the 2020s. The ch-aviation fleets advanced module shows its Wizz Air (W6, Budapest) subsidiary currently operates fifty A320-200s, six A320-200Ns, thirty-five A321-200s, fifty-three A321-200NX, and a single A330-200F (operated on behalf of the Hungarian government). Wizz Air UK (W9, London Luton) operates three A320s, six A321-200s, and eight A321-200NX, while Wizz Air Abu Dhabi (5W, Abu Dhabi Int'l) operates four A321-200NX. The holding's order book prior to the new commitment comprised thirteen A320neo, 245 A321neo, and forty-seven A321neo(XLR)s.

Sunday, 14 November 2021

Airbus Updates No.3640

 

US's Indigo Partners orders 255 A321neo Family jets

US-based private equity firm Indigo Partners has placed an order with Airbus (AIB, Toulouse Blagnac) for 255 additional A321-200neo Family aircraft.

Announced during the ongoing Dubai Air Show, the order will be distributed across the budget airline specialist firm's various AOCs as follows:

In addition to this order, Volaris and JetSMART will convert thirty-eight existing A320neo orders to A321neo.

According to the ch-aviation fleets advanced module, Wizz Air's current inventory and order backlog consist of fifty-eight A320-200s, six A320-200Ns (with 34 on order), thirty-four A321-200s, and twenty-nine A321-200NXs (with 179 on order). Its Wizz Air Abu Dhabi (5W, Abu Dhabi Int'l) subsidiary operates four A321neo while Wizz Air UK (W9, London Luton) operates three A320ceo, seven A321ceo, and four A321neo.

US-based Frontier operates nineteen A320ceo, seventy-three A320neo (with 58 on order), and twenty-one A321ceo. It also has sixty-seven A321neo and eighteen A321neo(XLR)s on order.

Mexican LCC Volaris operates four A319-100s, forty A320ceo, thirty-four A320neo (with 54 due), ten A321ceo, and six A321neo (with 39 due). Volaris Costa Rica (Q6, San José Juan Santamaría) operates two A319s and Volaris El Salvador (N3, San Salvador Int'l) one A320neo.

Chile-based JetSMART operates six A320ceo and eight A320neo (with 56 due) with orders for seven A321neo and twelve A321neo(XLR)s. JetSMART Argentina (WJ, Buenos Aires Ezeiza) operates five A320ceo.

Airbus Updates No.3639

 Indigo Partners portfolio airlines order 2.55 A321neo Family aircraft


Dubai, 14 November 2021 – Wizz Air (Hungary), Frontier (United States), Volaris (Mexico) and JetSMART (Chile, Argentina), Indigo Partners portfolio airlines, have announced an order for 255 additional A321neo Family aircraft under a joint Indigo Partners agreement. The firm order was signed at the Dubai Airshow.

This order brings the total number of aircraft ordered by the Indigo Partners’ airlines to 1,145 A320 Family aircraft. The aircraft ordered today are a mix of A321neos and A321XLRs, which will be delivered to the individual airlines as follows:

  • Wizz Air: 102 aircraft (75 A321neo + 27 A321XLR)
  • Frontier: 91 aircraft (A321neo)
  • Volaris: 39 aircraft (A321neo)
  • JetSMART: 23 aircraft (21 A321neo + 2 A321XLR)

In addition to this order, Volaris and JetSMART will upconvert 38 A320neo to A321neo from their existing aircraft backlogs.

“This order reaffirms our portfolio airlines’ commitment to consistent growth through the next decade. The Airbus A321neo and A321XLR have industry-leading efficiency, low unit costs and a substantially reduced carbon footprint relative to prior models. With these aircraft, Wizz, Frontier, Volaris and JetSMART will continue to offer low fares, stimulate the markets they serve and improve their industry-leading sustainability profile,” said Bill Franke, Managing Partner of Indigo Partners.

“We are happy to further expand our relationship with our great Indigo Partners’ airlines Wizz, Frontier, Volaris and JetSMART who have acted fast and decisively over the last few months to position themselves for this landmark order as the effect of the pandemic recedes and the world wants more sustainable flying,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International.

The A321neo incorporates new generation engines and Sharklets, which together deliver more than 25 percent fuel and CO2 savings, as well as a 50 percent noise reduction. The A321XLR version provides a further range extension to 4,700nm. This gives the A321XLR a flight time of up to 11 hours, with passengers benefitting throughout the trip from Airbus’ award-winning Airspace interior, which brings the latest cabin technology to the A320 Family.

By the end of October 2021, the A320neo Family had totalled more than 7,550 orders from 122 customers since its launch in 2010. Since its Entry into Service five years ago, Airbus has delivered over 1,950 A320neo Family aircraft contributing to 10 million tons of CO2 saving.

Indigo Partners LLC, based in Phoenix, Arizona, is a private equity fund focused on worldwide investments in air transportation

Wednesday, 19 June 2019

Airbus Updates No.2194

Indigo Partners to add 50 A321XLRs to its airline fleets

Indigo Partners and three of its airlines will acquire 50 of the new Airbus A321XLR long-range, single-aisle jetliners. The Memorandum of Understanding includes new orders for 32 A321XLRs and the conversion of 18 existing A320neo family orders.
Indigo Partners LLC, based in Phoenix, Arizona, is a private equity fund focused on worldwide investments in air transportation. Indigo has major ownership stakes in four low-cost airlines, including Frontier Airlines (U.S.), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary). The four carriers now operate a combined 295 Airbus planes and, with the new commitments, have 636 on order.
Twenty of the A321XLRs will be allocated to Wizz Air, 18 to Frontier, and 12 to JetSMART.
Airbus announced the launch of the A321XLR at the Paris Air Show. Derived from the A321neo, the A321XLR is the longest-range single-aisle commercial jetliner ever, capable of flying routes up to 4,700nm with unbeatable fuel efficiency. With a range previously found only in twin-aisle aircraft, A321XLR will enable airlines to exploit new route opportunities with low operating costs, reduced environmental impact, and provide passengers with a comfortable travel experience. 

Wednesday, 15 November 2017

Airbus Updates No.1703

Dubai Air Show: Airbus Secures Record-Breaking $50 billion A320neo Deal with Indigo Partners

Dubai Air Show: Airbus Secures Record-Breaking $50 billion A320neo Deal with Indigo Partners
November 15
06:082017
DUBAI — After complete dominance from Boeing at the Dubai Air Show, and an order from Bombardier for its CSeries program, Airbus finally broke through with a record-breaking order for its A320neo Family Program.
Airbus and Indigo Partners, owner of low-cost carriers Wizz Air, Volaris, Frontier, and JetSMART have signed a deal for 430 additional A320neo aircraft, valued at $49.5 billion.
The commitment breakdown features 273 A320neos and 157 A321neo aircraft.
Airlines within the Indigo Partners conglomerate, have previously ordered 427 of the A320 family, which shows a doubled increase in their commitment to the program.
“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, co-founder, Managing Partner of Indigo Partners, and Chairman of Frontier Airlines
“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,” he added.
John Leahy, Airbus CCO, said added that “Indigo Partners has 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. “
Leahy admitted that Airbus is “proud to augment [Indigo Partners’] 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.”

THE ORDER BREAKDOWN


In terms of the aircraft split in the order; it goes as follows:
  • Wizz: 72 A320neos, 74 A321neos
  • Frontier: 100 A320neos, 34 A321neos
  • JetSMART: 56 A320neos, 14 A321neos
  • Volaris: 46 A320neos, 34 A321neos
Bill Franke of Indigo Partners noted that in terms of engine manufacturers, they will be announced at a later date following consultation with such companies. Indigo Partners will benefit from this order as the aircraft types aim to save fuel costs by 20% by 2020.

COMPETITION FOR THE 737MAX? WHAT ABOUT THE A380 PROGRAM?


This could ultimately be seen as a massive attack on the Boeing 737 MAX Program on a marketing perspective, as a conglomerate of four airlines has doubled their commitment to an Airbus, which shows extra confidence in the neo product.
The 737 MAX has not had a deal to this size yet, although they are getting closer, especially with the likes of FlyDubai responding today with a 225 737MAX order for Boeing.
It also shows that the intensity in the single-aisle market is heating up, with carriers acknowledging that the best way forward to their operations on an efficient, cost-effective and easier basis is by either buying the A320neo family or the 737MAX.
This added confidence in the single-aisle aircraft market does not do any favors for the A380 program either. All the commitments seen to date at the Dubai Air Show highlights that there is starting to be no interest in the superjumbo program anymore, which could hint to Airbus that it may be time to either start slowing the program down even further or bringing it to a conclusion.
All-in-all, this order is a massive gamechanger for Airbus as it maintains their footing in the single-aisle market and implements additional pressure onto Boeing with their 737MAX variants not selling as many units on a bulk basis like Airbus is showing off.

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Airbus Updates No.4733

  Faroes' Atlantic Airways orders two more A320neo aircraft Atlantic Airways (RC, Faroe Islands Vágar ) has placed a firm order with Ai...

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