By Anthony O. Goriainoff

 

EasyJet PLC said on Tuesday that it has agreed to defer the delivery of 22 Airbus aircraft.

Deliveries of Airbus planes will be deferred from fiscal years 2022 to 2024 to fiscal 2027 and 2028.

In addition, the low-cost airline said that it will take no aircraft deliveries in fiscal 2021 and that it retains the option to increase its deliveries in fiscal 2023 to 30 aircraft.

"In this period of uncertainty, this flexibility is even more valuable, as it will enable us to quickly flex our fleet size in response to customer demand," Chief Executive Johan Lundgren said.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

December 22, 2020 02:46 ET (07:46 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.