EasyJet founder sceptical over Airbus agreement

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EasyJet founder Stelios Haji-Ioannou has expressed scepticism over the extensive Airbus fleet-renewal agreement unveiled by the carrier.

Haji-Ioannou, the largest shareholder in the airline, says the agreement covering 135 Airbus A320neo and baseline A320 twinjets is "yet another huge capital expenditure deal with the same supplier at 'secret' prices".

"Naturally it raises more questions than answers," he adds.

EasyJet, already an all-Airbus operator, had been looking for larger types to replace its 156-seat A319s.

It requires shareholder approval to firm the order for 100 A320neo and 35 regular A320 jets.

Eighty-five of the 135 aircraft will be used for replacement.

Haji-Ioannou says: "We will ask all our questions when we have seen the full shareholder circular which must include the actual price to be paid for each aircraft and the incremental profit each of these aircraft will actually deliver."

EasyJet says the potential Airbus deal will not be supplemented by orders for any other aircraft. "That's everything," the carrier says.