The British airline EasyJet will buy 56 planes

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EasyJet will buy 56 Airbus A320neo aircraft and convert a previous order into 18 new A321neo aircraft, the British airline said on Tuesday, fulfilling the options set out in a 2013 agreement with the European aircraft manufacturer, Reuters reports.

The British airline has stated that this order, which is subject to shareholder approval, establishes the order book with Airbus until 2028.

Deliveries of the $ 6.5 billion list price will begin in easyJet’s 2026 fiscal year to replace the carrier’s older A319 and A320 aircraft, the company said.

Air travel has recovered strongly from Covid-19 restrictions, with European carriers and airports struggling to meet demand.

Airbus and Boeing are also facing problems in increasing production, with supply chain pressures being the biggest obstacle.

EasyJet said the order would ensure that it could replace older aircraft and use more efficient, lower-emission and lower-noise aircraft, paying substantially less than the list price, thanks to the concessions included in the 2013 agreement.

The planes will be financed from cash flows, sales and leaseback transactions and debts, the statement said.