Indigo Partners placed a mega order for Airbus A321neo jets

Indigo Partners has announced an order for 255 additional Airbus A321neo family aircraft for its portfolio of airlines.

Wizz Air (Hungary), Frontier (United States), Volaris (Mexico) and JetSMART (Chile and Argentina) are all part of the group.

The firm order was signed at the ongoing Dubai Airshow.

This order brings the total number of aircraft ordered by the airlines to 1,145 A320 planes.

Airbus A321neo (Image Courtesy – Bloomberg)

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.

Planes from the overall order will be delivered mainly in the second half of the decade.”

Airbus

Chief Executive Guillaume Faury said the order would contribute to Airbus’ production goals. It plans to increase output to 64 such jets a month in 2023 from around 40 now but has run into opposition from suppliers and leasing firms over tentative proposals to raise this to as high as 75.

Heads of the four airlines in Dubai and connected by video said the new aircraft would help them meet environmental goals by reducing emissions per passenger, compared to smaller and older planes. Some environmental groups have criticised low-cost carriers over outright emissions, due to the number of flights.

“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.”

Bill Franke, Managing Partne, Indigo Partners

The A321neo incorporates new generation engines and Sharklets, which together deliver more than 25% fuel and CO2 savings, as well as a 50 per cent noise reduction.

“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.”

Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International

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

“These are by far the most fuel- and cost-efficient aircraft in their class – supporting us in maintaining our position as the most sustainable airline in Europe and reaching our sustainability goals of reducing CO2 emissions per passenger kilometre by a quarter by 2030.

Despite a strong demand for the aircraft, we have signed very attractive terms with Airbus for the long-term supply of more aircraft until the end of the decade, catapulting Wizz Air towards our aim of being a 500 aircraft group and putting us in an unassailable position when it comes to sustainability.”

József Váradi, Chief Executive Officer, Wizz Air

Cover Image – Airbus

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