Vermillion Aviation Holdings Ireland has entered into a lease arrangement with Wizz Air for two new Airbus A321 and two new A320 aircraft with Central european low-cost carrier Wizz Air.
The aircraft, which will be powered with International Aero Engine V2500 engines, will deliver between July 2017 and March 2018.
Vermillion is a joint venture between MC Aviation Partners and Cheung Kong Property Holdings Limited. and Li Ka Shing (Overseas) Foundation. Its owned portfolio includes 21 aircraft.
Update: The last a/c was delivered in March 2018.