Norton Rose Fulbright advises Jet2 on $3.9bn order for 35 A320 neo family aircraft
Global law firm Norton Rose Fulbright advised airline Jet2 plc (Jet2) on its $3.9bn incremental order for 35 A320 neo family aircraft, as it expands its fleet to meet a growing passenger demand for air travel.
All aircraft are anticipated to be delivered by 2031. The airline also has the option to extend the order to up to 71 additional aircraft, in the future, for an approximate cost of $8bn at list prices.
The transaction comes more than a year after Jet2 placed its first order in August 2021 – on which the firm also advised – for 36 A320 neo family aircraft (enhanced to 63 A320 neo family aircraft after subsequent orders). With this order, the airline now has a total of 98 ordered A320 neo family aircraft, which could eventually extend to up to 146 aircraft.
Norton Rose Fulbright partner Dan Cowdy, who provided advice with support from senior associate Georgie Field, said:
“It was a huge pleasure to be able to extend our long working relationship with Jet2 and advise on this order, which will continue to deliver to Jet2’s passengers a high quality flying experience.”
Norton Rose Fulbright’s market-leading, global aviation practice is comprised of over 200 lawyers who deliver in-depth knowledge of the global aviation industry. The practice holds 11 Tier 1 rankings in the leading legal directories, Chambers and Legal 500, rankings based on the feedback of our clients and peers.