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Business

easyJet finalises $2bn A320 order

Published: 19 Sep 2014 - 04:16 am | Last Updated: 20 Jan 2022 - 10:21 pm

LONDON: British no-frills airline easyJet said yesterday it had finalised a deal to buy 27 single-aisle A320 jets worth $2bn at list prices from European aircraft maker Airbus.

The group also plans to raise its shareholder dividend payout, it said in a statement before a capital markets day in London.
“easyJet has reached agreement with Airbus to exercise existing purchase rights over 27 current generation A320 aircraft for delivery between 2015 and 2018,” the airline announced.
The low-cost carrier added it secured “a very substantial price discount from the list price”.
The order was first announced as an option in 2002. 
Last year, the company had confirmed a deal to purchase 135 A320 aircraft including 100 fuel-efficient A320neos, which Airbus plans to start delivering in 2015. AFP