Constrained capacity has been one of the biggest tailwinds for airlines this year. In the face of tight supply, easyJet is expanding incrementally.
Shareholders will vote later this month on plans for more aircraft orders, which would increase the size of its fleet by just over a third over the next decade. The proposed purchase of 157 aircraft by 2029, and the right to purchase another 100 by 2034, is in addition to an existing order of 158 planes with Airbus.
The purchases are as much about upgrading its fleet, as expanding its absolute size. Replacing its older A319 neo aircraft with the A320 and A321 models, will increase the number of seats per plane from around 179 at present, to somewhere in the low