Skip to content

JetBlue Founder's Startup Airline 'Moxy' Places Firm Order for 60 Airbus A220s

Jan. 03, 2019
2 min read
A220-300-in-flight-014
JetBlue Founder's Startup Airline 'Moxy' Places Firm Order for 60 Airbus A220s
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

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.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

TPG featured card

4 / 5
Go to review
Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.