Contributor - Europe

Cathy Buyck

GECAS inked a letter of intent at the Paris Air Show to lease nine Airbus A220-300 aircraft to David Neeleman's latest startup airline,&nbsp;codenamed "Moxy," which will&nbsp;be based in the U.S. and aims to connect secondary airports.&nbsp;Deliveries are scheduled in 2021 and 2022.&nbsp;

 


“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," Neeleman said, adding that the A220’s ability to operate profitably in thin, underserved markets across a broad spectrum of ranges is “unique.”

 


GECAS CCO Declan Kelly said the lessor is “exceptionally pleased to be a partner in David Neeleman’s vision and excited to welcome ‘Moxy’ as a new customer of GECAS.” He said the A220-300, a new type in the lessor’s fleet, is “suited to serve smaller markets by providing the range needed for point-to-point operations with the right economics.”

 


David Neeleman was founder of JetBlue and Brazil's Azul.

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