WOOD Flash - Wizz Air: orders 102 new A321s in the framework of a larger Indigo order for 225 jets
Wizz Air has signed an agreement with Airbus at the Dubai Air Show, for the purchase of a further 102 Airbus A321 aircraft, comprising 75 Airbus A321neos and 27 Airbus A321XLRs, with the bulk to be delivered between 2025-27E. Under certain circumstances, Wizz Air may acquire a further 19 A321neos. Airbus has also granted Wizz Air 75 A321neo purchase rights for deliveries in 2028-29E, to be converted into a firm order by the end of 2022E.As with previous orders, Wizz has the right to substitute a number of the Airbus A321neo aircraft with the Airbus A320neo and/or A321XLR, and vice versa, depending on its future requirements. Completion of the order remains subject to approval by Wizz Air’s shareholders.
With the new order, Wizz Air’s delivery backlog comprises firm orders for 34 A320neos, 254 A321neos and 47 A321XLRs, plus the additional order for 19 A321neos and purchase rights for 75 A321neos: a total of 429 aircraft. Currently, Wizz Air operates a fleet of 145 Airbus A320 and A321 aircraft.
Wizz Air Holding is a European airline. As of Mar 31 2017, Co. provided more than 500 routes from 28 bases, connecting 141 destinations across 42 countries. Co. has two reportable segments: the airline and the tour operator business units, marketed under the Wizz Air and Wizz Tours brand names, respectively. Wizz Air sells flight tickets and related services to external customers and, to an extent, to Wizz Tours. Wizz Tours sells travel packages to external customers covering the network of Wizz Air.
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