(Bloomberg) -- Airbus SE secured an order for 36 single-aisle planes from U.K. leisure carrier Jet2 Plc, picking off a Boeing Co. customer with steep discounts as it seeks to regain sales momentum.
The A321neo jets, scheduled for delivery over five years through 2028, are valued at $4.9 billion before “significant discounts,” Jet2 said in a statement Tuesday. The number of planes could rise to 60, bringing the face value of the deal to $8.1 billion.
Airlines with the resources to commit to fresh orders are finding bargains as planemakers bend on prices to replenish Covid-19 depleted backlogs. Jet2 said the agreement with Airbus gives the U.K.-based operator of packaged holiday tours the flexibility to finance the planes through internal resources and debt.
For Airbus, the deal marks a rare takeaway from U.S. rival Boeing, which had supplied Jet2 with its 737 model in the past. It builds on a follow-on order from U.S. giant Delta Air Lines Inc. last week for 30 A321s.
In its statement, Jet2 cited lower fuel consumption, comfort and efficiency in choosing the A321, a larger variant of the top-selling A320 narrow-body.
©2021 Bloomberg L.P.