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.
Le Bourget, 19 June 2019
With regard to Wizz Air, the present order will be delivered over the course of three years starting in 2023. The A321XLR variant will be operated with 239 seats, the same as the A321neo to ensure full fleet commonality with Wizz Air’s existing fleet. The XLR aircraft can also be utilized on Wizz Air’s existing network with the same efficiency. Completion of the order remains subject to approval by Wizz Air shareholders, as appropriate.
“The A321XLR is the most cost-efficient aircraft of its type and represents a significant opportunity for Wizz Air to further expand its network and connect points on the WIZZ map that are currently out of reach, given the enhanced range capability of the aircraft. Today, we are flying a number of 5-6 hour routes with great satisfaction to our customers, so the XLR will extend our outstanding value and service proposition on routes of 7-8 hours of flying.” – said József Váradi, Wizz Air’s Chief Executive Officer. “The inherent aircraft economics of the Airbus A321XLR will widen our competitive advantage for stimulating demand for air travel in Central and Eastern Europe and beyond while minimizing our environmental footprint. The A320neo family aircraft are game-changing aircraft that enhance Wizz Air’s low fare model and undisputed cost leadership in Europe.”
Today’s announcement will bring Wizz Air’s outstanding firm orders with Airbus to 276 aircraft for deliveries through 2026.