Volaris signs LOI to lease 16 aircraft

Controladora Vuela Compania de Aviacion (Volaris), the ultra-low-cost airline serving Mexico and the US, has signed a letter of intent (LOI) with a leading aircraft lessor for 16 aircraft, comprised of ten new A320neo and six new A321neo, driving fleet growth while significantly enhancing efficiency. These NEO aircraft, powered Pratt Whitney’s PW1100G engines, will be delivered between 2016 and 2018. Volaris CEO Enrique Beltranena commented: “These 16 aircraft together with the existing orders underpin the Volaris growth strategy by having a young, efficient and uniform fleet. Early delivery of next generation, fuel efficient Airbus A320neo and A321neo will allow us