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Airlines

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Name: INDIGO PARTNERS
7JetSet7 Code: INZ
Status: Operational
Region: EUROPE
City: PHOENIX
Country: USA
Employees 27
Web:
Email:
Telephone:
Fax:
Sita:
Background
(definitions)

JET AIRPLANE LEASING COMPANY.

JULY 1997: OPENS USA OFFICE IN FORT LAUDERDALE, FLORIDA.

FEBRUARY 1998: 737-200 (PL746) RETURNED FROM (PTB) AND 737-300
(PQ285) RETURNED FROM GARUDA INDONESIA (GIA).

JUNE 1998: 737-200 (23039), EX-(PTB) LEASED TO WINAIR (WII) WITH (TCAS), WINDSHEAR & NORDAM HUSHKITS. BUYS 2 737-500'S (27153; 27155), EX-BRAATHENS (BRT), LEASED TO XIAMEN AIRLINES (XIA).

SEPTEMBER 1998: BUYS 2 737-400'S (24901; 27704) FROM HAPAG LLOYD (HAP) AND LETTER OF INTENT (LOI) TO LEASE TO ITALIAN TOUR OPERATOR.
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Fleet:
(definitions)

Click below for photos:
INZ-A320 - JetSMART 2017-02.jpg

March 2018:

7 737-200 (JT8D), LSD OUT.

2 737-2Y5 (JT8D) (965-23040, N118RW), EX-(WII), LST (FRO) 1999-07.

9 737-300 (CFM56-3), LSD OUT.

3 737-400 (CFM56-3) (24901; 27074), EX-(HAP).

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Management:
(definitions)

Click below for photos:
INZ-1-Bill Franke 2018-03.jpg

WILLIAM FRANKE, FOUNDER, MANAGING PARTNER EX-AMERICA WEST (AMW)/SPIRIT AIRLINES (SPR)/WIZZ AIR (WZZ)/VOLARIS (VLS)/JETSMART (JSM). ALSO CHAIRMAN, FRONTIER AIRLINES (FRO).
Bill Franke is the Managing Partner of Indigo Partners LLC, a private equity fund focused on air transportation investments. The fund currently has major investments in Volaris Airlines (VLS) (Mexico), Wizz Air (WZZ) (Hungary) and Frontier Airlines (FRO) (USA). During Bill’s business career he has been the Chief Executive Officer (CEO) of a Fortune 500 forest products company, which he re-positioned strategically, tripled its revenues and achieved record profits, before merging it with another company at the industry’s highest per ton valuation; Chairman of the Executive Committee of a large regional bank whose management he restructured; (CEO) of a large USA convenience store company, which he restructured; and, from 1993 to August 2001, (CEO) of America West Airlines (AMW) (now American Airlines (AAL)), which he managed through a bankruptcy into an airline that from 1994 to 2000 had the highest (EBITDAR) margins of the major USA airlines and won 2 "J.D. Power" awards for its service. Bill was Managing Partner of Newbridge Latin America, a private equity fund focused on Latin America, which made investments in Mexico, Brazil, Colombia and Argentina in a variety of businesses including retail, manufacturing and insurance. Newbridge was wound up in 2012 on sale of its last investment. Bill served as the founding Chairman of th Airplanes Group, Ltd., a US$5 billion aircraft finance vehicle created from the aircraft portfolio of the (GPA) Group plc, the Irish aircraft leasing company, and supported by (GE) Capital Aviation Services (GECAS) (GEC). He was involved in the 1998 acquisition of (GPA) (then renamed AerFi Group) by Texas Pacific Group and served on AerFi’s board of directors until it was sold in 2000. Also, along with an investment group led by David Bonderman, Bill was a pre-(IPO) investor in Ryanair (RYR) and a Founder of Hotwire, the travel internet site. Bill was the Founding Chairman of Tiger Airways (TGR) (Singapore), was the Chairman of Spirit Airlines (SPR) (USA), serves as Chairman of Wizz Air Limited (WZZ) (Hungary), is a director of Volaris (VLS) (Mexico), and is the Chairman of Frontier Airlines (FRO) (USA). In addition, he has served on several public company boards of directors in a variety of industries.

Bill was born in Texas and raised in Latin America. He has undergraduate and graduate degrees from Stanford University and was awarded an honorary Ph.D. from Northern Arizona University, whose business college is named after him.

KARL-AXEL GRANLUND, CHAIRMAN.

JOHN EVANS, CHIEF EXECUTIVE OFFICER (CEO).

JOHN FENTON, PRESIDENT & CHIEF OPERATIONS OFFICER (COO) (2000-06).
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