Indigo Partners orders 430 A320neo family aircraft

Indigo Partners orders 430 A320neo family aircraft

Indigo Partners has signed a Memorandum of Understanding (MoU) with Airbus for the delivery of up to 430 Airbus A320neo family aircraft.

Indigo Partners is a private equity form specialising in low-cost carriers. The aircraft will be distributed between Frontier Volaris, Wizz Air and JetSMART of Chile.

The deal, made up of 273 A320neos and 157 A321neos, is worth $49.5 billion at 2017 list prices.

The agreement was signed during the 2017 Dubai Air Show. Engine selection is expected to be made at a later date.

“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 at 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.”

Indigo Partners says that the largest share of aircraft will be delivered to Frontier, which will take 100 A320neo and 34 A321neo aircraft.

Wizz will take 72 A320neo and 74 A321neo, Volaris 56 A320neo and 14 A321neo, and Volaris will take 46 A320neo and 34 A321neo aircraft.

“Indigo Partners have been a tremendous customer and supporter of the Airbus single-aisle fleet for many years.” said John Leahy, chief operating officer Customers at Airbus Commercial Aircraft. “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.”

Alud Davies
By Alud Davies November 16, 2017 14:32