easyJet Confirms Mega Order For Airbus Aircraft, Strengthening Its Fleet With A320neo And A321neo Models
Portfolio Pulse from Shivani Kumaresan
easyJet Plc has confirmed an order for 157 additional A320neo Family aircraft from Airbus SE, with options for 100 more. The order includes 56 A320neo and 101 A321neo models, with deliveries scheduled between FY29 and FY34. This move aims to grow capacity, improve cost and sustainability, and replace older A320ceo aircraft. The new aircraft offer 13% to 30% better fuel efficiency and half the noise footprint. easyJet's stock (ESYJY) closed higher by 0.80% at $6.27.
December 19, 2023 | 2:26 pm
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POSITIVE IMPACT
Airbus SE received a significant order from easyJet for 157 A320neo Family aircraft, with options for 100 more, indicating a strong demand for its aircraft models.
The confirmation of a large order from easyJet is a positive development for Airbus, indicating a strong demand for its A320neo and A321neo models. This is likely to be viewed positively by investors and could have a favorable impact on Airbus's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
easyJet's stock closed higher after confirming an order for 157 A320neo Family aircraft from Airbus, which is expected to enhance its fleet capacity and efficiency.
The stock price of easyJet closed higher, which could be attributed to the announcement of the new aircraft order. This suggests investor confidence in the company's growth and sustainability strategy. The fleet upgrade is likely to have a positive short-term impact on the stock as it reflects a commitment to improving operational efficiency and competitiveness.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100