European aircraft manufacturer Airbus said Thursday it had finalised the sale of 120 A220-300 single-aisle jets worth $11 billion (9.7 billion euros). Sixty of the aircraft would go to low-cost US carrier JetBlue and another 60 to a start-up codenamed Moxy that is to begin operations in 2021, Airbus said.
Airbus acquired in 2017 the A220-300 aircraft line, which Canadian firm Bombardier developed as its CSeries, and which represents a new generation designed for airlines seeking 100-150 seat planes. Bombardier had struggled to win customers even though the planes offered fuel-savings similar to a new class of larger aircraft sold by Airbus and US rival Boeing.
"JetBlue has proven there is no contradiction between economic efficiency and a high quality product," said Airbus Chief Commercial Officer Christian Scherer in a statement. "Their endorsement of the A220 proves this aircraft meets those two criteria better than any alternative in its segment," he added.
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