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Volaris (Controladora Vuela Compania de Aviacion, S.A.B. de C.V.) (Mexico City) has signed a letter of intent with a leading aircraft lessor for 16 aircraft, comprised of ten new A320neo and six new A321neo, driving fleet growth while significantly enhancing efficiency. These NEO aircraft, powered by Pratt Whitney’s PW1100G engines, will be delivered between 2016 and 2018, as summarized in the table below:
| Operating leases | 2016E | 2017E | 2018E | Total |
| A320neo | 2 | 4 | 4 | 10 |
| A321neo | - | 2 | 4 | 6 |
| Total operating leases | 2 | 6 | 8 | 16 |
These aircraft are in addition to the 50 aircraft under Volaris’ existing order and operating lease arrangements that are scheduled for delivery between 2014 and 2020. The following table shows the development of Volaris’ fleet from 2014 to 2020 pursuant to current contracts and pro forma for these operating leases:
| Fleet Plan (net of expiring leases) | 2014E | 2015E | 2016E | 2017E | 2018E | 2019E | 2020E |
| A319 | (2) | (1) | (5) | (3) | (7) | (2) | - |
| A320 & A320neo | 7 | 4 | 7 | 6 | 10 | 10 | 12 |
| A321neo | - | - | - | 2 | 4 | - | - |
| Total fleet, pro forma | 49 | 52 | 54 | 59 | 66 | 74 | 86 |
The transaction is subject to the conclusion of satisfactory final documentation and customary corporate approvals.
The A321 will be a new type with the low-fare airline.
Copyright Photo: James Helbock/AirlinersGallery.com. Airbus A320-2333 XA-VOM (msn 3624) with a “I fly OAK – a better way to SF Bay” promotional message, arrives in Los Angeles.
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Filed under: Volaris Tagged: 3624, A320, A320-200, A320-233, Airbus, Airbus A320, Airbus A320-200, LAX, Los Angeles, los angeles international airport, Volaris, XA-VOM Image may be NSFW.
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