Easyjet CEO threatens to shelve new jet order

MOSCOW Mon Mar 18, 2013 2:01pm GMT

An easyJet Airbus A320 'Willy Brandt' is pictured during a name giving ceremony at the airport terminal of Berlin Brandenburg international airport Willy Brandt (BER) in Schoenefeld south of Berlin, April 23, 2012. REUTERS/Fabrizio Bensch

An easyJet Airbus A320 'Willy Brandt' is pictured during a name giving ceremony at the airport terminal of Berlin Brandenburg international airport Willy Brandt (BER) in Schoenefeld south of Berlin, April 23, 2012.

Credit: Reuters/Fabrizio Bensch

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MOSCOW (Reuters) - EasyJet (EZJ.L) will abandon plans to upgrade its fleet with updated Airbus and Boeing jets and move to buy new planes after 2018 if terms offered by the planemakers are not satisfactory, the budget airline's CEO said.

EasyJet is in talks with Europe's Airbus EAD.PA and U.S. rival Boeing (BA.N) about a significant expansion of its fleet. It has completed the technical evaluation of its favoured jets - the re-engined Airbus A320neo and Boeing 737 MAX.

"We have a young fleet and don't have to do a deal unless the terms are exactly what we want," easyJet chief executive Carolyn McCall said on Monday.

"A new generation of planes will become available from 2018 onwards so we could always look beyond the neo and the MAX."

(Reporting by Rhys Jones, Editing by Rosalba O'Brien)

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