JetBlue Airways Corp. got a great deal on its latest aircraft purchase from Airbus SE, according to Moody’s Investors Service. The carrier probably paid $1.4 billion to $1.7 billion for 60 Airbus A220-300 jets, or between $23 million and $28 million per plane, Moody’s analyst Jonathan Root said in a report Friday, citing estimates by appraisers and price breaks that are typical for large orders. “As with most campaigns, we believe the decision comes down to the lowest all-in cost, because the narrow-body aircraft manufactured by Airbus and Boeing have similar capabilities and operating costs for the majority of operators,” he said.
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Did JetBlue Get 72% Off Airbus A220 Order?
