Easyjet has placed firm orders with Airbus for 15 A320 aircraft and optioned a further 33 as part of its growth strategy.
The craft will be delivered between 2012 and 2014.
The airline has also converted 20 A319 contracted aircraft deliveries into A320 deliveries.
The flexibility of the arrangement means Easyjet can tailor its expansion according to how the economy performs while still allowing for “carefully targeted growth.”
Carolyn McCall Easyjet’s chief executive said: “We are pleased to announce this agreement with Airbus. It will help deliver Easyjet’s strategy of continued profitable growth whilst providing even more flight capacity for our passengers. A central feature of the agreement is the flexibility it gives easyJet to vary the growth rate in its capacity to reflect economic conditions and market opportunities."
