Hungary-based low-cost carrier Wizz Air has signed a sale and leaseback agreement with Chinese CDB Leasing Co. to finance six Airbus A320s. Deliveries are planned in 2014 and 2015. The deal is worth $549 million at current list prices. CEO Jozsef Varadi said the addition of the new aircraft will reinforce the carrier’s market position in Europe, and accommodate its route and base network expansion. The carrier also announced it will open its 19th base in Craiova (Romania) from ...

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