Aircraft

DATE:16/07/08
SOURCE:Air Transport Intelligence news
FI2008: Wizz Air stays with V2500 for follow-on A320s

Central European budget carrier Wizz Air is staying with the International Aero Engines V2500 powerplant for the 50 Airbus A320s the carrier ordered last year.

The airline is already a committed customer for the IAE product, with 18 aircraft fitted with the engine type and another 23 on order which are also to be V2500-equipped.

Wizz Air disclosed the agreement, which includes aftermarket servicing, during the Farnborough air show today. The deal will make the low-fare operator IAE’s largest European customer.

IAE says its ‘SelectOne’ technology upgrade to the V2500, which provides a 1% fuel-burn improvement, will enable Wizz Air to make “significant savings” over the engines’ lifetime.

Wizz Air values the agreement at around $1.6 billion.

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