Airlines
EasyJet Defers Delivery of 24 Airbus A320s
The move by UK budget airline EasyJet to delay deliveries comes amid pressure from its biggest shareholder to cancel an order for 107 A320neos.

EasyJet has reached an agreement with Airbus to defer delivery of 24 A320-family jets as the UK budget carrier moves to conserve cash amid 90 percent service cuts due to the Covid-19 pandemic. The deferrals cover 10 deliveries scheduled for EasyJet's 2020 fiscal year, 12 slated for FY2021 and two for FY2022. As a result, during FY2021 the airline will take no aircraft deliveries. It retains an option to defer five more deliveries in FY2022. The exact dates the aircraft ultimately get delivered remain subject to market conditions and further negotiation, said EasyJet.