Discount airline easyJet has agreed a deal to buy 120 new planes from Airbus.
The deal is expected to see the no-frills airline take delivery of two A319 planes every month for five years, starting this September.
EasyJet originally announced in October it had selected Airbus as preferred supplier for the planes - ending months of speculation over whether the airline would pick Airbus or Boeing.
It today said that it had entered into a contract with the manufacturer on "substantially similar terms" to those announced on October 14th.
READ MORE
Airbus is 80 per cent owned by the European Aeronautic Defence & Space Company (EADS) and 20 per cent owned by BAE Systems.
PA