Financial News

EasyJet orders 36 new aircraft and announces strong results

By Business & Finance
17 November 2015

The agreement makes the company of the world’s biggest airline customers for the A320 Family with 321 ordered and also for the A320 with 130 on order.

These aircraft will be delivered between 2018 and 2021 and will give EasyJet a further expected cost saving of £27m by 2021.

In other news for the airline, passenger numbers increased by 6% to 68.6 million during the 12 months ending September 30th 2015 at the airline, while profits grew to record levels for a fifth consecutive year, up 18% to £686m.

Carolyn McCall, CEO, EasyJet, said: “Our mission is to make air travel easy and affordable and Airbus is a key partner in delivering this to our passengers. The A320 with new seats will provide wonderful levels of comfort and space. It is also more fuel efficient – which will reduce emissions and provide lower costs per seat, which will help, keep fares low. The new quieter aircraft will reduce our impact on the communities who live near our airports. Our partnership with Airbus was built on the A320 Family and this will continue with the A320neo.”

John Leahy, chief operating officer, Customers, added: “Airbus is proud to have partnered EasyJet along the airline’s impressive achievements and growth. The airline is one of the biggest carriers in Europe with a large fleet to match. Not only is EasyJet one of the biggest airline customers for the A320 but also the A320. This endorsement demonstrates EasyJet’s commitment for operating the world’s most productive and efficient aircraft married with the best cabin comfort for its millions of loyal passengers.”