EasyJet tipped for Paris Air Show aircraft order

EasyJet tipped for Paris Air Show aircraft order

A long-awaited major aircraft order is expected to be unveiled by easyJet at next week’s Paris Air Show, according to a report this morning.

The budget carrier is one of several airlines analysts believe may unveil deals in Paris. Others are Qatar Airways, Emirates and India’s Jet Airways, according to the Daily Express.

EasyJet is reviewing options for new aircraft due for delivery in 2017 and said in January it would decide later this year

Broker Morgan Stanley said: “Key orders could come from China, the Middle East, India and Europe.”

Senior market analyst at CMC Markets Colin Cieszynski said: “This year’s show looks to be a busy one.”

The potential orders are set to be part of a drive by airlines, leasing firms and freight carriers to buy 35,280 new aircraft worth £3.1 trillion in the next two decades, according to US manufacturer Boeing.

The company, which raised its previous 20-year outlook by 3.8%, believes surging Asia-Pacific travel will keep production rates rising.

But it downgraded its forecasts for Europe and North America where recovery is uncertain. Yet the US group and rival Airbus are considering boosting production to meet demand.


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