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Friday, June 9, 2023

JetBlue has placed an order for 30 Airbus A220s

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JetBlue (NASDAQ: JBLU) said today that it has agreed to exercise its option to add 30 more Airbus A220-300 aircraft to its order book, bringing the total number of A220s in the airline’s fleet to 100.

The aircraft’s strong economics and operational performance are critical to JetBlue’s long-term cost performance, as well as allowing for more sustainable flying, greater flexibility to support JetBlue’s network strategy, and the introduction of its all-new onboard experience to a larger number of customers.

“We’re already seeing benefits from the eight A220s we’ve added to the fleet, and we’re very happy to have more on the way,” said Robin Hayes, chief executive officer, JetBlue. “We’ve seen double-digit increases in customer satisfaction scores, and these fuel-efficient aircraft support our leadership in reducing carbon emissions. With 30 additional A220s on order, we’re in a position to accelerate our fleet modernization plans to deliver stronger cost performance and support our focus city network strategy.”

“It is very rewarding to see a happy customer coming back for more aircraft not even a year after entry into service of its first A220. We salute our friends at JetBlue on this landmark deal,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International. “Over 700 A220 orders to date underscore the strong market appetite for this all-new single-aisle aircraft.”

JetBlue announced their initial order of 60 A220s in 2018, with the option to order another 60. JetBlue converted 10 of 60 options into firm orders in 2019, and the 30 A220s announced today will allow the Embraer E190 fleet to be retired sooner.

 

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