MARCH 21ST, 2017
Vermillion to lease two new A321-200 and two new A320-200 to Wizz Air
Vermillion Aviation Holdings Ireland Limited has entered into a lease arrangement with Wizz Air for two new A321-200 and two new A320-200 aircraft with International Aero Engine V2500 engines. Those aircraft will be delivered to Wizz Air during the period from July 2017 to March 2018.
Vermillion is a joint venture between MC Aviation Partners and Cheung Kong Property Holdings Limited. and Li Ka Shing (Overseas) Foundation which owns 21 aircraft.
Wizz Air currently operates 79 aircraft comprising of 63 A320-200s and 16 A321-200s.