Indigo in talks for A321xlr
 

https://www.reuters.com/article/us-f...-idUSKCN1TE2QJ

PARIS/CHICAGO (Reuters) - Airbus is in talks with U.S.-based private equity firm Indigo Partners about a potential sale of its new A321XLR passenger jet, industry sources said on Thursday.

Indigo Partners, which also declined comment, buys aircraft on behalf of four airlines in which it holds stakes, using its bulk purchasing power to squeeze lower prices from planemakers.

Led by airlines investor Bill Franke, Indigo Partners placed a record order for 430 narrow-body Airbus A320neo-family jets spread among four low-cost carriers in 2017.

Airbus hopes to persuade the veteran airlines promoter to invest in a longer-range version of the same aircraft family.

The European planemaker is widely expected to announce the launch of the roughly 4,500-mile A321XLR model at the showcase event in Paris on June 17-23. The model will enter service in late 2023 or early 2024.

It was not immediately clear to what extent a new Indigo Partners deal would involve conversions from existing models included in the big 2017 order.

American Airlines Group is also considering the A321XLR as one new aircraft option, an American source said, but noted that it was premature to discuss whether any potential order would be new or a conversion of existing Airbus orders.

Airbus is expected to insist that airlines wanting to reserve some of the early production slots reserved for the A321XLR must place new orders, though it is also likely to allow buyers to trade some existing purchases for the new jet.

Boeing had a similar mix of new orders and conversions when it announced the Boeing 737 MAX 10 in 2017.

Asked by shareholders on Wednesday about new aircraft purchases, American Chief Executive Doug Parker said “there’s nothing that we haven’t announced coming to us”.

Lock, Stock and two smoking LEAPs
 

Watch out B6; we're coming to London....
~Bad Food? Worse Weather? London!

If we’re going to get XLRs we should know next week. Airbus wants to show off orders of the new variant at the Paris air show. Apparently Airbus is at capacity throughout its manufacturing sites. They need someone with 321s already on order that they can covert to XLR orders so they can get them operating sooner to attract more orders before Boeing can introduce a legitimate 757 replacement to the market. That’s likely why they’re targeting Indigo after their record setting order at the Paris show last year.

Did you miss the part where airlines wanting early delivery positions must place new orders?

Keep reading -

Airbus is expected to insist that airlines wanting to reserve some of the early production slots reserved for the A321XLR must place new orders, though it is also likely to allow buyers to trade some existing purchases for the new jet.

I can see why airbus would approach indigo, but frontier has no use for lr/xlr. Still lots of untouched market in USA that is cheap to obtain. Flying international on other hand can be costly.

I agree with that but these won’t be delivered for a few years so by the time they get delivered Frankly might be ready to expand the markets under his umbrella. One thing is certain, what ever makes the most money with least investment is the route they will go. Opening up WOW’s books either showed them they can do trans Atlantic stuff profitably under his guidance or not.

They must have liked what they saw in WOW’s books enough to offer a 90 million dollar investment; they’ve been looking at quite a few different airlines that have needed investors and WOW was the only one that nearly went through.

MCO - ANC..
Seasonal of course

LOL @ Boeing getting their act together for a new aircraft type :D

They are so busy with damage control that I hardly doubt they are a threat to airbus.