Indigo Partners Commit for 430 Airbus A320neo Family Aircraft

Valued at $49.5 billion, this is Airbus’ largest single announcement ever

Dubai, 15 November 2017: Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional AirbusA320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements between Airbus and the four airlines. that Engine selections will be made and announced at a later date.

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

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.

The 430-aircraft commitment, comprised of 273 A320neos and 157 A321neos worth $49.5 billion at list prices, was announced at the Dubai Airshow by Bill Franke, Managing Partner of Indigo Partners, and John Leahy, Airbus Chief Operating Officer Customers, Airbus Commercial Aircraft. When added to existing Airbus A320 Family orders, the new agreement will make Indigo Partners one of the largest customers by order number in the world for the Airbus single-aisle aircraft family. Airlines in the Indigo Partners family previously have placed orders for 427 A320 Family aircraft.

“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.  “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.”

John Leahy said; “Indigo Partners have 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.  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.”

Also present at the announcement were Enrique Beltranena, CEO of Volaris; Barry Biffle, CEO of Frontier Airlines; Estuardo Ortiz, CEO of JetSMART; and József Váradi, CEO of Wizz Air. They confirmed their firm’s individual aircraft orders as follows:

  • Wizz Air:        72 A320neo, 74 A321neo
  • Frontier:        100 A320neo, 34 A321neo
  • JetSMART:    56 A320neo, 14 A321neo
  • Volaris:          46 A320neo, 34 A321neo

With more than 5,200 orders received from 95 customers since its launch in 2010, the A320neo Family has captured nearly 60 percent market share.

During the Dubai Airshow Wizz Air confirmed an order about 146 A320neo family aircraft

Source: Airbus

IndiGo takes delivery of its first A320neo

Asia’s first and world’s second A320neo operator

Toulouse, March 11, 2016: India’s largest airline by passenger numbers, IndiGo has taken delivery of its first A320neo. The delivery makes IndiGo the first A320neo operator in India and in Asia.

“The A320neo aircraft will enable us to continue to offer affordable air transportation and a new flying experience for our customers. The fuel efficient aircraft will be part of a new phase of our growth and will enable us to offer more regional and international destinations at the best price,” said Aditya Ghosh, President of IndiGo.

IndiGo is one of Airbus’ biggest A320 Family customers having ordered 530 aircraft in total. These include 430 A320neo from orders placed in 2015 (250 A320neo) and 2011 (180 A32neo). IndiGo also placed an order in 2005 for 100 A320s which have all been delivered.

“It fills us with pride that IndiGo, India’s largest airline and the biggest customer for our A320neo, has taken delivery of its first aircraft. On top of best in class operational efficiencies and environmental benefits, the A320neo will offer IndiGo’s passengers unmatched comfort,” said Dr. Kiran Rao, Airbus EVP Strategy and Marketing.

The A320neo “new engine option” incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together deliver 15 percent in fuel savings from day one and 20 per cent by 2020. This is equivalent to a reduction of 5,000 tons of CO2 per aircraft per year.

A320neo IndiGo

The A320 Family is the world’s best-selling single aisle product line with nearly 12,500 orders to date and over 6,900 aircraft delivered to 300 customers and operators worldwide. Thanks to its widest cabin, all members of the A320 Family offer the industry’s best level of comfort in all classes and Airbus’ 18” wide seats in economy as standard.

IndiGo’s and Asia’s first A320neo in Toulouse.

Dr. Kiran Rao, Airbus EVP Marketing and Strategy and Captain Ashim Mittra, IndiGo VP flight Operations, at the hand-over of IndiGo’s and Asia’s first A320neo in Toulouse.

Source: Airbus