Budget airline easyJet said it has agreed a deal with Airbus to defer the delivery of new aircraft. EasyJet said it will still purchase 22 aircraft from the manufacturer as previously planned. The deferral comes as the airline prepares for a prolonged recovery in passenger numbers with the coronavirus pandemic continuing to batter the travel industry. As a result of the deferral, the future cash price of the aircraft being deferred will increase, easyJet told investors. “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.

Source: Irish Independent December 22, 2020 09:58 UTC