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      "text": "1) Aircraft held as right of use assets... 2) easyJet operates a fleet of Airbus CEO and NEO aircraft... 3) Aircraft are depreciated once... 4) Included within owned other assets within note 12.",
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      "text": "EU ETS, CH ETS AND UK ETS CARBON ALLOWANCES... CARBON OFFSETTING AND VERIFIED EMISSION REDUCTIONS... PROPERTY, PLANT AND EQUIPMENT...",
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      "text": "Residual values are reviewed annually... An element of the cost of a new aircraft is attributed on acquisition to prepaid maintenance... Pre-delivery payments made in respect of aircraft are recorded in PPE at cost.",
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      "text": "Aircraft 18-23 years; Aircraft spares 18 years; Aircraft - prepaid maintenance 7-10 years; Aircraft - subsequent maintenance 5-10 years; Leasehold improvements 5-10 years; Freehold land Not depreciated; Fixtures, fittings and equipment 3-5 years; Computer hardware 3-5 years",
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      "text": "1A. MATERIAL ACCOUNTING POLICIES (CONTINUED)",
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