L Brands, WeWork Fights Point to Pandemic Premium in Deals Ahead

When EasyJet Plc announced a long-term deal with Airbus SE in 2013 to buy 135 jets, the budget airline boasted that it had negotiated a “very substantial discount” from the list price of about $13 billion. Analysts estimated the price break at about 40%. But what EasyJet traded to get that discount wasn’t laid bare until last month. Under pressure from its largest shareholder to cancel the remaining undelivered planes from that order as the coronavirus flattens demand for air travel, the carrier said it couldn’t. Its contract with Airbus would require it to pay back the discounts it was ...