Jet2 orders 35 new Airbus A320neo aircraft

UK travel company Jet2 on Tuesday said it had ordered 35 new Airbus A320neo aircraft at a list value price of $3.9bn, with an option to extend the deal to 71 planes.

Jet2 said it had negotiated a significant discount to the list price and would fund the purchase from internal resources and borrowings.

The initial 35 aircraft are due to be delivered between 2028 and 2031. Jet2 now has firm orders in for 98 planes, with the potential to extend this to 146.

"The order reflects our confidence that we have a much-loved product built on sector leading customer service which we can continue to grow," said chief executive Philip Meeson.

Reporting by Frank Prenesti for Sharecast.com