AerDragon Announces Purchase and Leaseback with Wizz Air

(Beijing – June 4, 2024) AerDragon Aviation Leasing Company Limited (“AerDragon”) is pleased to announce a purchase and leaseback transaction with Wizz Air, an existing customer, for four Airbus A321neo aircraft. The aircraft are expected to be delivered in 2025. 

“We are excited to enter into this purchase and lease back transaction with Wizz Air and continue supporting its fleet expansion. Wizz Air is a top tier ultra low-cost carrier, a valued  customer, and we are pleased to further our partnership through this new deal. ”said Gang Li, AerDragon’s Chief Executive Officer.

About AerDragon

AerDragon was established in October 2006 and has a diverse customer base covering China and the rest of Asia, Europe and the Americas. It offers a range of services including aircraft leasing, trading, and asset management.

About Wizz Air

Wizz Air, the fastest-growing European ultra-low-cost airline, operates a fleet of 214 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in April 2023 – March 2024 (FY24). Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world’s top five safest airlines by airlineratings.com, the world’s only safety and product rating agency, and Airline of the Year by Air Transport World in 2020, as well as Airline of the Year by Air Transport Awards in 2019 and 2023. Wizz Air has also been recognised as the „Most Sustainable Low-Cost Airline” within the World Finance Sustainability Awards 2022 and the „Global Environmental Sustainability Airline Group of the Year” by the CAPA-Centre for Aviation Awards for Excellence 2022-2023. 

AerDragon Media Contact:

Mr. Hu Qingjie

Tel +86 10 64107210

AerDragon@aerdragon.cn

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