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Wizz Air signs deal for seven new A320s

Thursday, 18 September 20143 min read

Wizz Air has entered into a sale and leaseback agreement for new seven Airbus A320 aircraft to secure future growth.

The deal with Goshawk Aviation Limited will see deliveries between November 2014 and June 2015.

Wizz Air chief financial officer Mike Powell said: "We continue to secure our future growth by adding new Airbus A320 aircraft to our fleet.

"We will continue to serve people in well over 30 countries with our very low fares and the seven new aircraft for which we have secured financing, will play an important role in this mission."

Goshawk is an aircraft-leasing vehicle managed by Investec Bank, with capital from Investec and Asian institutional partners.