Categories: Business

Hungarian airline places orders for another 75 Airbus A321neos

Monitoring Desk

PARIS: In a deal worth $10 billion at list prices, Hungarian low-cost airline Wizz Air on Wednesday placed an order for 75 more A321neo aircraft.

It is pertinent to mention here that Hungarian airline is already the largest client for the largest version of the Airbus’ best-selling model, and takes its total of the single-aisle, medium-haul aircraft to 434.

The airline already has 180 A320 family aircraft in operation, with more than half of them neo versions equipped with more fuel-efficient engines, AFP reported.

“The A321neo’s unparalleled economic efficiency and remarkably low carbon footprint underpin our commitment to provide affordable and sustainable travel options for our customers,” Wizz Air chief executive Jozsef Varadi was quoted as saying in an Airbus statement.

The A321neos ordered by Wizz Air will have 240 seats in a single class.

Created 20 years ago, Wizz Air is Europe’s sixth-largest airline in terms of daily flights.

The airline’s board chairman is William Franke, who is the managing partner of Indigo Partners, a US private equity firm which holds stakes in a number of carriers including Frontier Airlines in the United States, JetSMART in Chile, and Volaris in Mexico as well as Wizz Air.

The Frontier Post

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