Airbus wins JetBlue order for its newly rebranded A220 (CSeries) - Buy 60 of its A220-300 narrowbody jets (+option for 60 more, 120 aircraft total)
By Alana Wise - Reuters
NEW YORK (Reuters) - Airbus SE scored a key victory on Tuesday, with U.S. airline JetBlue announcing it would buy 60 of its A220-300 narrowbody jets, the first major order for the planemaker's newly rebranded program as its battle with rival Boeing Co intensifies.
JetBlue and Airbus also agreed to an option for 60 additional A220s (total of 120 aircraft).
Earlier on Tuesday, Airbus unveiled the new A220 name for the 110-seat to 130-seat model jets, previously called the CSeries under Canadian firm Bombardier , at a ceremony at the planemaker's Toulouse facilities in France.
Airbus has taken majority control of the loss-making Montreal-based aircraft program, with Bombardier and Quebec as minority partners. The deal closed on July 1.
"We feel the 220 is the perfect fit for our network, strategy and customer experience, and most importantly, for our owners," JetBlue Chief Financial Officer Steve Priest said in a phone interview. "It really is the ideal aircraft to carry the momentum of our structured cost program well into the next decade."
The A220 will replace JetBlue's existing fleet of 60 Embraer E190 aircraft, with those jets retiring beginning in 2020.
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