EasyJet have announced that they are going to be cutting back on their planned fleet increase, due to high fuel costs and a decrease in demand for flights.

EasyJet, who is Europe’s second largest no-frills airline, has halved it’s expansion plans and is also going to reduce its capacity by 12% at Stansted, one of EasyJet’s largest bases. They have also not ruled out a capacity freeze next year after they receive a delivery of 18 Airbus A319 planes. They also have the ability to scale back their capacity from where it currently is if required.

Ryanair have also halted their aggressive expansion plans, and have removed 12 planes from Stansted, and closed 7 European Bases. They are reducing their fleet by about 10% for the winter.

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