JetBlue, Airbus do draft deal for 40 Airbus A320neos

21st June 2011, Comments 0 comments

Cut-price US airline JetBlue and European plane maker Airbus signed a memorandum of understanding on Tuesday for the sale of 40 A320neos, the upgraded, more fuel-efficient workhorse of the Airbus stable, the two companies said.

At list prices, the order would be worth $3.6 billion (2.5 billion euros) but airlines can often negotiate substantial discounts on larger orders.

The order also includes replacing 30 of some 173 A320 planes already ordered by JetBlue with the larger A321 series which will also have wing tiplets added to boost fuel efficiency.

The A320neo, which has so far easily outpaced sales of the 737 made by Aribus rival Boeing at this year's Paris International Airshow, is claimed to be 15-percent more fuel efficient than its predecessor thanks to new engines.

© 2011 AFP

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