easyJet PLC (LON:EZJ) has agreed the deferral of Airbus aircraft deliveries to between 2025 and 2027.
In April, 24 aircraft with original delivery dates between June 2020 and December 2021 were deferred to beyond December 2022.
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The budget airline may incur in an extra £95mln charge reflecting inflation in labour and material cost.
“The changes agreed defer capacity in the medium term while continuing our long-term strategy of replacing our older fleet with the advanced and lower fuel burning A320NEO family,” said chief executive Johan Lundgren.
The deliveries were the object of a battle between founder Stelios Haji-Ioannou and the board.
The Greek-Cypriot entrepreneur tried to cancel the £4.5bn order, which he warned would bring the company to the ground, by removing the chairman, chief executive and chief financial officer - although shareholders voted against his proposal.
He even offered a £5mln bounty to any whistleblowers holding information that could scrap the deal, which he claimed was arranged through bribes and against the interest of the firm.
Last week, Haji-Ioannou ended up trimming his stake to 33.3% from 34% last week, cashing in £22mln.
Shares shot up 7% to 821.4p early on Tuesday.
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