EasyJet, Airbus agree on aircraft deferral

Tuesday, 22. December 2020 10:01

EasyJet plc announced on Tuesday that it has struck a deal with Airbus SE on aircraft delivery delay from financial years 2022, 2023 and 2024 to financial years 2027 and 2028.

A total of 22 airplanes will be affected by the deferral, the airline also specified. Until December 31, 2021, easyJet will hold the option to raise the number of deliveries in 2023 to 30 aircraft, according to the company.

"This latest amendment to our longstanding agreement with Airbus reflects easyJet's significant fleet flexibility as well as the benefit of highly attractive aircraft pricing. In this period of uncertainty, this flexibility is even more valuable, as it will enable us to quickly flex our fleet size in response to customer demand. EasyJet's unrivalled European network of number 1 and 2 positions in primary airports, strong liquidity and flexibility will enable us to capture pent-up demand as customers return to the skies," easyJet CEO Johan Lundgren commented in a statement.

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