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JetBlue got discount of up to 72% on Airbus A220s

By Wire services
Published: July 16, 2018, 6:00am

WASHINGTON — JetBlue Airways Corp. got a great deal on its latest aircraft purchase from Airbus, 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. That’s a discount of as much as 72 percent from the deal’s list value, he said.

The purchase, announced July 10, was the first since Airbus took control of Bombardier Inc.’s C series program and renamed the aircraft the A220.

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