Jet2 (United Kingdom) (LS, Leeds/Bradford) has signed an agreement with Airbus to purchase 35 new firm-ordered A320-200Ns, with an option to extend this to 71 of the jets, it announced in a statement released on October 18.
It placed the order, it said, “to meet the future anticipated growth of its leisure travel business and to refresh its existing fleet.” The move “provides the company with certainty of supply well into the next decade.”
Deliveries will stretch over three years until 2031. They come in addition to orders for sixty A321-200Ns announced in August 2021 and in July 2022 and means that Jet2 now has a total of 98 aircraft on firm order, which could eventually extend to up to 146.
“The company will retain flexibility in determining the most favourable method of financing the aircraft, which will be through a combination of internal resources and debt,” the announcement said.
Jet2 specialises in package holidays, which have been popular from the UK this summer and tend to gain in popularity among consumers in leaner times, providing certainty against rising prices.
According to the ch-aviation fleets module, Jet2 currently operates a fleet of 95 aircraft, namely three A321-200s (all leased), seven B737-300s (all owned), seventy-seven B737-800s (fifty-five owned, twenty-two leased), and eight B757-200s (all owned). To cope with demand, it is also wet-leasing in eight more A321s, two A330-200s, and one more B757.