Posted on: 13 July 2016 by Mark Howells
Wizz Air has agreed with Pratt & Whitney to power its 110 Airbus A321neos with PurePower PW1100G-JM Geared Turbofan engines.
Deliveries of the A321neos will begin in 2019. The agreement also covers an additional 90 A321neo aircraft over which Wizz Air has uncommitted purchase rights as well as a number of spare engines.
The agreement is worth in excess of $2.5 billion at current list prices. As part of the agreement, Wizz Air has also signed up for a long-term engine fleet management programme with Pratt & Whitney.
Wizz Air CEO József Váradi commented, “Following a detailed review process we concluded that the Geared Turbofan engine delivers the best value proposition as well as maximum fuel and operational efficiency. These metrics will translate directly into reduced operating costs for our business. While we already have a very low cost base, our focus is to be ever more efficient to offer the lowest fares for our customers while driving strong returns for shareholders.”
Photo shows (l-r): Rick Deurloo, senior vice-president, commercial engines sales, marketing and customer support, Pratt & Whitney and József Váradi, CEO of Wizz Air.