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British airline EasyJet abandons planned purchase of 22 Airbus aircraft

Europe / Business and Finance

British airline EasyJet has agreed with Airbus to postpone the purchase of new aircraft in order not to go bankrupt until air travel in Europe is restored to an acceptable level.

British airline EasyJet abandons planned purchase of 22 Airbus aircraft

EasyJet announced that the planned deliveries of 22 Airbus aircraft over the next 2 years will be postponed to 2027-2028.

In addition, 15 aircraft delivery dates will be shifted between 2022 and 2024 to more closely match projected seasonal requirements.

EasyJet announced that, under the terms of the 2013 Airbus agreement, the future cumulative cash price of each deferred aircraft will increase.

EasyJet reported a loss of £ 1.27 billion (roughly $ 1.7 billion) last month amid a sharp drop in air travel in Europe.

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