LOW-cost and leisure airline Jet2 has further consolidated its relationship with Airbus by announcing another major order for its family of jets.
To meet the future anticipated growth of its leisure travel business and to refresh its existing fleet, the carrier has entered into an agreement with Airbus to purchase 35 new firm ordered Airbus A320 neo aircraft with the ability for this to extend to up to 71 aircraft.
The latest addition of 35 planes will cost Jet2 $3.9 billion at list prices. The company will exercise flexibility in choosing its method of financing the aircraft and will likely go for a combination of internal resources and debt.
This order, which is in addition to the A321 neo aircraft orders announced in 2021, means Jet2 now has a total of 98 firm ordered aircraft, which could eventually extend to up to 146 aircraft.
Jet2 plc’s executive chairman Philip Meeson said: “We are delighted to build on our existing relationship with Airbus and to have placed this additional aircraft order which provides the company with certainty of supply well into the next decade.
“The order reflects our confidence that we have a much-loved product built on sector leading customer service which we can continue to grow and these aircraft will ensure our customers have a wonderfully comfortable and enjoyable experience as they travel with us for their well-deserved real package holidays or scheduled holiday flights.”
