World Economy

UK Airline Orders 36 A320s

UK Airline Orders 36 A320sUK Airline Orders 36 A320s

British airline easyJet signaled its confidence in future growth by ordering 36 additional A320 aircraft amid what it called resilient demand for flights, after reporting an 18% jump in annual profit on bumper summer holiday travel, Reuters reported. Britain’s no.2 low-cost carrier, easyJet, said the new planes reflected its robust trading and the profitable opportunities it sees in its markets, adding that forward bookings were in line with last year. For this winter, easyJet’s bigger rival Ryanair has talked of a fare war in the cut-throat European travel market, as airlines raise capacity and compete against each other in a lower fuel price environment.