The US$20 billion, 157-aircraft fleet upgrade is in line with growth plans that extend beyond 2028.
EasyJet plans to reinstate shareholder dividends after reporting record pre-tax earnings in the fiscal year’s final quarter.
It will allow fleet modernisation and growth to continue beyond 2028 while providing substantial benefits including cost efficiencies and sustainability improvements”, EasyJet chief executive Johan Lundgren said in a statement, adding there was an option for 100 more jets.The announcement comes as the aviation sector is in recovery mode after suffering huge losses during Covid pandemic lockdowns.
“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,” said the carrier that flies mostly across Europe. The airline on Thursday said it had “entered into conditional arrangements” with European planemaker Airbus for 157 aircraft — 56 A320neo and 101 A321neo.
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