Airbus SE - Toulouse, France-based aerospace firm - Says UK budget airline easyJet PLC will upgrade A320 family fleet with Airbus’s Descent Profile Optimisation and Continuous Descent Approach systems. DPO is a fuel-saving enhancement for an airplane’s flight management system performance data base. CDA helps to reduce noise impact on the ground. easyJet describes the upgrade as a ‘multi-million-pound investment’, but specific financial details are not provided. The upgrade will complete by the end of next year, and covers over 300 aircraft.
‘The European short-haul airline will become the biggest operator worldwide using these powerful combined solutions,’ Airbus says.
easyJet on Monday set out its plan to achieve net-zero carbon emissions by 2050. The Luton Airport-based budget airline said it will transition away from offsetting to focus on driving in-sector emission reductions to deliver its net-zero roadmap. As part of this transition, easyJet has ordered 168 aircraft to be delivered up until financial year 2029.
Airbus current stock price: €92.11, up 0.13% in Paris on Monday
12-month change: down 21%
easyJet current stock price: 304.40 pence, down 0.7% in London on Monday
12-month change: down 57%
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