JetBlue Orders 60 Planes in $5.4 Billion Airbus-Bombardier Deal

Home News JetBlue Orders 60 Planes in $5.4 Billion Airbus-Bombardier Deal

JetBlue Airways Corp. is placing a big bet on Airbus SE’s newest jetliner.

The New York-based carrier is ordering 60 of Airbus’s A220 jets, according to a statement Tuesday. The sale, valued at $5.4 billion based on list prices, is the first since the European planemaker took control of the aircraft program this month from Canada’s Bombardier Inc.

The deal ends JetBlue’s long search for a more efficient small jet to replace its Embraer SA E190 aircraft, which it relies on to ferry passengers on such routes as Boston to New York. The order also provides an immediate impetus for the A220, suggesting that Airbus will be able to entice more airlines to buy the plane formerly known as the C Series.

“This fleet transaction is a game changer for JetBlue’s economics as we progress through the next decade,” the airline’s chief financial officer, Steve Priest, said in an interview.

‘Undoubted Advantage’

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