Wizz Air signs contract on fleet expansion
Hungarian low-cost airline Wizz Air has signed a cooperation agreement with Airbus to purchase 110 Airbus A321neo aircraft, worth $13.7 billion, to change and expand its fleet, the airline announced today.
(Photo: LaMography/Christian Keszthelyi)
The announcement notes that Wizz Air is purchasing another 48 aircraft from Airbus - 21 A320ceo and 27 A321ceo planes - of which the first is scheduled to fly in November. The planes are expected to be delivered by 2018.
The remaining 110 planes will be delivered to the airline between 2019-2024, the announcement added. Wizz Air is aiming to replace 51 aircraft from its fleet with the new planes, while the additional planes will be used to expand the fleet, the announcement added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.