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Thursday, September 21, 2023

Jet2.com adds 35 aircraft to its firm order for the Airbus A320neo

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Jet2.com has added 35 more Airbus A320neo aircraft to its existing order:

Jet2 plc (Jet2.com) has announced that it has entered into an agreement with Airbus to purchase 35 new firm-ordered Airbus A320neo aircraft, with the option to increase this to up to 71 aircraft, in order to meet the future anticipated growth of its Leisure Travel business and to modernize its current aircraft fleet.

Although the company has negotiated significant discounts from the base price, the firm-ordered aircraft deliveries span over three years until 2031 and at base price represent a total value of approximately $3.9 billion. The total transaction value for up to 71 aircraft is estimated to be approximately $8.0 billion.

Jet2 currently has a total of 98 definite orders for aircraft, which could rise to as many as 146 in the future. This order is in addition to the A321neo aircraft orders announced in 2021.

Airbus added these comments:

Jet2.com has placed an incremental order for 35 A320neo aircraft taking its total commitment to the Family to 98 aircraft.

The latest agreement comes just over a year since Jet2.com placed its first order for 36 A321neo (above) in August 2021, followed by further commitments thereby securing its growth needs as the demand continues to outpace supply even in the outer years.

The A320neos will be configured for 180 seats with an Airspace cabin featuring innovative lighting, new seating products, and 60 percent larger overhead baggage bins for added personal storage.

Photo cover by Airbus

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