EasyJet has placed a firm order for 157 Airbus aircraft for delivery between 2029 and 2034, with purchase rights for an additional 100 airframes.

The low-cost carrier said it now had 315 aircraft on order for delivery, taking into account the existing order book of 158 aircraft due for delivery by 2029.

The airline has seen passenger growth of 8% YoY with ticket prices per passenger rising 9% YoY.

Order helps easyJet upgauge our fleet

CEO Johan Lundgren said. “We have delivered a record summer with strong demand for easyJet’s flights and holidays with customers choosing us for our network, value and service.

“This performance has demonstrated that our strategy is achieving results and so today we have set out an ambitious roadmap to serve more customers and deliver attractive shareholder returns, underpinned by a continued focus on costs and operational excellence.

“Our new medium-term targets provide the building blocks to deliver a PBT (profit before tax) greater than £1 billion.

“This will be driven by reducing winter losses, upgauging our fleet and growing easyJet Holidays.

“As part of our commitment to shareholder returns, the board intends to reinstate dividends commencing with the FY23 results.

“We have also reached a proposed agreement with Airbus for an additional 157 aircraft order and a further 100 purchase rights.

“This will enable easyJet’s fleet modernisation and growth to continue beyond 2028 while providing substantial benefits including cost efficiencies and sustainability improvements.”
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