Reading Time: < 1 minute Wizz Air’s largest shareholder, American equity firm Indigo Partners LLC, has sold a portion of its Wizz Air shares for $555.56 million. As a result, the shares of Hungarian low-cost carrier Wizz Air have dropped by 6.5%. This move has resulted in Indigo Partners owning a mere 8.5% of Wizz Air, down from 17.5%. The […]

Reading Time: 2 minutes US-based firms Indigo Partners LLC and HRS Management have been shortlisted as potential buyers of up to 49% of Spanish budget carrier Volotea, La Vanguardia newspaper has reported citing sources close to the talks. According to the report, the sale, which is being overseen by investment bank Morgan Stanley, is set to conclude within the […]

Reading Time: < 1 minute Airbus announced that it had finalized agreements with Indigo Partners and its four portfolio airlines for the purchase of 430 additional A320neo Family aircraft for ultra-low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary). The signed purchase agreement follows a Memorandum of Understanding among the parties announced at the Dubai […]

Reading Time: 2 minutes Airbus and Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements […]