Wizz Air yesterday said it signed a letter of intent with Airbus to purchase up to 24 V2500-A5-powered A320 family aircraft valued at $1.4 billion at catalog prices. IAE valued the engine portion at $400 million. Wizz Air also signed up for a long-term Fleet Hour Agreement covering the engines. The carrier said the aircraft will be configured with 180 seats in a single class. A delivery schedule was not announced. "These aircraft will further strengthen our low cost position in the market ...

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