Jet2 places $3.9bn order with Airbus for minimum of 35 new aircraft

Holiday firm Jet2 has struck a deal with Dutch plane company Airbus for at least 35 new aircrafts.

LeedsBradford Airport-based Jet2 told stock market investors it had negotiated significant discounts from the base price and said the new aircraft would refresh its existing fleet and support anticipated growth. The $3.9bn (£3.4bn) deal comes with provision to extend the order for up to 71 planes.

Deliveries will stretch over three years until 2031 and come in addition to the A321 neo aircraft orders the plc announced in 2021. It will mean Jet2 has 98 aircrafts on order, with the potential to extend up to 146. In September, Je2 announced it had emerged from the pandemic in "sound financial health" and signalled confidence that its low cost package deals were what price conscious holidaymakers wanted.

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