October 21, 2013

Volaris reserves WheelTug delivery slots

WheelTug plc reported the execution of a Slot Option Purchase Agreement with Volaris for Airbus A320 WheelTug Systems. With the new reservations the order book for WheelTug aircraft drive systems grows to 731 delivery slots reserved by thirteen airlines from Europe, America, the Middle East and Asia. Volaris is the leading Mexican ultra-low-cost airline and the country’s second largest airline. Current commercial aviation practice utilizes a tug for aircraft gate pushback, while forward taxi is powered by the aircraft’s engines. The electric WheelTug unit drives the aircraft without using the engines. WheelTug Systems will be offered to the airlines entirely on a lease, or power-by-the-hour basis, so that the systems can be installed and operated on aircraft without any capital expenditure on the part of the airline whatsoever.



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