easyJet Defers 24 NEOs
- As rough as it is right now to be an airline, it’s worse being an aircraft manufacturer. It seems like every airline is cancelling or deferring orders as industry demand sharply contracts, with no visibility on when it might return. The latest example is easyJet, which is again adjusting its order book. It’s now deferring delivery on another 24 NEOs, following up on a deferral announcement in April. The 24 units will now arrive between fiscal years 2025-2027, joining eight others that were pushed back from 2020-2022. The LCC also secured additional cancellation and deferral rights, and an extension on its deadline to decide on exercising some options. It still, however, said it remains committed to a longterm strategy of replacing its older A320s with NEOs.
EasyJet’s rival Ryanair, meanwhile, is ready to buy more planes if the price is right, while entertaining the possibility of upsizing some MAX orders to the largest version, the MAX 10.