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WIZZ Wizz Air Holdings Plc

2,114.00
-24.00 (-1.12%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wizz Air Holdings Plc LSE:WIZZ London Ordinary Share JE00BN574F90 ORD GBP0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -24.00 -1.12% 2,114.00 2,110.00 2,140.00 2,158.00 2,086.00 2,138.00 211,476 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 4.03B -523M -5.0624 -4.18 2.19B

Airbus Snares Jet Order Valued at $49.5 Billion From U.S. Investor

15/11/2017 8:08am

Dow Jones News


Wizz Air (LSE:WIZZ)
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From Apr 2019 to Apr 2024

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By Doug Cameron 

Airbus SE secured one of the largest aircraft deals in history with a 430-jet agreement with Indigo Partners LLC, a U.S. private equity group with stakes in some of the fastest-growing low-cost carriers on three continents.

The proposed deal, announced Wednesday at the Dubai Airshow, carried a sticker price of almost $49.5 billion before the customary discounts that can reduce the true value by 50% or more, though consolidation in the airline and finance industries is giving buyers more clout. All 430 planes are single-aisle A320neo family planes.

Indigo, based in Phoenix, Az, is led by Bill Franke who has invested in a number of carriers including holdings in Frontier Airlines in the U.S., Hungary's Wizz Air Holdings PLC and Mexico's Volaris. It also backed JetSmart, a new Chile-based carrier that launched this year.

Write to Doug Cameron at doug.cameron@wsj.com

 

(END) Dow Jones Newswires

November 15, 2017 02:53 ET (07:53 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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