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Jet2 plc Aircraft Order Announcement

Published: Tue 18 Oct 2022 at 07:00

Announcements

Jet2 plc is pleased to announce that to meet the future anticipated growth of its Leisure Travel business and to refresh its existing aircraft fleet, the Company 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 firm ordered aircraft deliveries stretch over three years until 2031 and at base price represent a total value of approximately $3.9 billion, with a total transaction value for up to 71 aircraft of approximately $8.0 billion, though the Company has negotiated significant discounts from the base price.

 

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.

To read the full announcement click here.

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