After long speculations and a number of previously unconfirmed rumours, easyJet has announced that it reached an agreement with Airbus on the deferral of 24 aircraft deliveries to 2025-2027.

Each aviation company, especially airlines, is currently looking into every possibility to cut costs and stay afloat. After the crisis hit the bottom line in April, now even more severe impacts are emerging.

In an attempt to save business is also a British low-cost carrier which says that it will focus on smaller market, therefore, pushing back deliveries of 24 new Airbus planes for a later time. The carrier expects the crisis to end no sooner than 2023, thus, drastic measures are inevitable.

In may the company had to lay-off 4,500 employees. Rumours about aircraft delivery deferrals began circulating on media in April. easyJet was pushed by its founder Stelios Haji-Ioannou to annul the order, but other shareholders managed to agree on pushing deliveries for the later time.

“The changes agreed defer capacity in the medium term while continuing our long-term strategy of replacing our older fleet with the advanced and lower fuel burning A320NEO family,” said Johan Lundgren, easyJet Chief Executive.

After long grounding, on 15 June the budget carrier finally took off again. Although with a ‘skeleton’ schedule, but still with much needed services. By August easyJet expects to resume flying to almost three quarters of its route network.