18.09.2014 - EasyJet buys new airplanes

EasyJet stated that corporation will increase dividends by 20% and plans to buy new airplanes produced by Airbus Group. So, it is planned to purchase 27 aircraft A320s, which will be delivered in 2015-2018. The transaction is valued at 2.5 billion dollars. This statement reflects the company's success in the segment of low-cost airlines in Europe. We recall that in the last year was signed a deal to supply 100 aircraft A320neo, which have greater fuel efficiency and that also will be delivered next year. Given the rapid growth of company’s financials and stability of the market of low cost of air transportation, we expect continued growth in the stock price of the company with the potential to increase by 25-35% per year.

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