skip to content

Other

Wizz Air orders 10 new aircraft

21 June 2017 14:00

Wizz Air has announced that it has placed an order for an additional 10 Airbus A321ceo aircraft, powered by IAE International Aero Engines AG's V2500 engines.

The Company said the additional aircraft will join its fleet in 2018 and 2019 and will support its growth plans as it responds to strong and growing demand for air travel within Central and Eastern Europe.

Based on current list prices, the value of the new order, placed with Airbus S.A.S. and IAE International Aero Engines AG, is $1.16bn, although Airbus has granted significant discounts from list prices to Wizz Air.

Speaking at a press conference at the Paris Air Show, Wizz Air Chief Executive Officer, Jozsef Varadi commented:

"We are delighted to add additional Airbus A321 aircraft to the Wizz Air fleet. Our already strong relationship with Airbus continues as we invest further in our growing fleet. Since its introduction at Wizz Air in November 2015, the Airbus A321ceo has delivered significant cost advantages and the re-designed interior has enhanced our great on-board service. Today's order, together with the existing order for 110 ultra-efficient A321neo, will see Wizz Air take delivery of 140 new aircraft between now and 2024, as well as the clear CEE low cost market leader, to respond to the significant growth opportunities in the CEE by offering its customers the lowest fares and the opportunity to travel on board one of the youngest, most efficient fleets in Europe."

"We are delighted that Wizz Air, an all Airbus airline has once again renewed its confidence in Airbus. The A321ceo, the biggest member of the A320 family, with its unbeatable operating costs, is the right aircraft at the right time for Wizz Air's development. It will allow the company to continue to grow, while offering its passengers the comfort they deserve, a comfort that only Airbus can offer" said Airbus Commercial Aircraft Chief Operating Officer - Customers, John Leahy.

At 2:00pm: (LON:WIZZ) Wizz Air Holdings Plc share price was +8.5p at 2319.5p

Story provided by StockMarketWire.com

Related Company: WIZZ

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

Bluezest Aberdeen

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.