JetBlue Signs Firm Order for 40 A320neo Aircraft

JetBlue Airways has finalized its firm order for 40 A320neo (new engine option) aircraft previously announced at the Paris Air Show in June. The airline has not yet announced its engine selection for the A320neo order. With this contract, JetBlue also converts 30 of its pre-existing orders for A320s to the larger A321 model with enhanced wingtip devices called Sharklets. In total JetBlue currently has on order 40 A320neo aircraft, 30 A321s and 22 A320s. "We commenced operations with Airbus aircraft nearly 12 years ago, and have since used the A320 family as the backbone of our fleet, receiving great feedback from our customers and crewmembers," said Mark Powers, Chief Financial Officer of JetBlue Airways. "Our business model is focused on a sustainable growth strategy with emphasis on cost control, while providing the most comfortable experience to our customers. We believe the A320neo fleet with help us meet these goals." "Environmental obligations and higher oil prices demand that our industry continues to optimize its equipment and operations, and the A320neo will allow JetBlue to do just that," said John Leahy, Airbus Chief Operating Officer Customers. "This new order for the A320neo demonstrates that the leadership of the airline knows a good thing when they see it and knows it will benefit their business and their customers."
Related Research on

Top 20 Defense Contractor Assessments

Source: Airbus, an EADS N.V. company (Paris: EAD.PA)
Date: Oct 28, 2011