JetBlue Founder's Startup Airline 'Moxy' Places Firm Order for 60 Airbus A220s
An upstart US airline from JetBlue founder David Neeleman, placed a firm order for 60 new Airbus A220-300 aircraft on Thursday morning.
The order was originally unveiled in July 2018 as a memorandum of understanding between the airline, which has the working name Moxy, and the aircraft manufacturer. Plans to launch Moxy, which will be a low-cost carrier, were also announced last July at the Farnborough Air Show, where sources told TPG's Mike Arnot that the airline would likely officially take off around 2021.
Moxy executives firmed up the jet order in the last week of December, Airbus said on Thursday.
"The A220-300 is the right airplane for a new airline that will be focused on passenger service and satisfaction," Neeleman said in a release Thursday. "With a low cost of operation and spacious cabin, the A220 will allow us to provide passengers with lower fares and a high quality, comfortable flying experience. The A220's ability to operate profitably in thin, underserved markets across a broad spectrum of ranges is unique."
Airbus' A220 product seats 100 to 150 passengers and is the rebranded C Series aircraft manufactured by Bombardier. It is touted as being one of the most fuel efficient planes available. In October, Delta became the first airline in North America to receive an A220 aircraft, the smaller -100 variant, and will be launching its first flight on the jet on Jan. 31. TPG's Darren Murph took an extensive tour of Delta's A220-100.
The larger -300 variant, which Moxy has ordered, has a top range of about 3,200 nautical miles. Airbus says Moxy's jets will be manufactured in a new facility in Mobile, Alabama, which will be adjacent to the existing Airbus A320 assembly facility.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app