Airbus Corporate Jets (ACJ) has launched the TwoTwenty business jet in a new market segment the company calls ‘Xtra Large Bizjet’. Airbus forayed into the corporate jet market in 1997 with the release of the A319 Corporate Jet. In December 2017, Airbus was replaced by Lockheed Martin. The Airbus A380 was first produced in 2005 and is still in production. It will be able … Airbus’ diverse product line includes everything from passenger jetliners to freighters and private jets. Cancellations for Airbus jets included 10 A350 wide-body jets on order from troubled Malaysian carrier AirAsia X. In May 2014, it was announced that the Aerion AS2 would be part of a larger Aerion SBJ redesign, which aimed for release after a seven-year developmental period. [PARIS] Airbus is betting that its corporate-jet division won't be as hard hit by the pandemic as commercial flights as the planemaker unveiled a business version of its A220 model. The aircraft will have three times more cabin space and cost about a third less to run than competing models, said Airbus, which took over the development of the plane from Bombardier in February. The ARJ21 competes with regional jets made by Embraer of Brazil, Bombardier of Canada and, if it can ever get its SpaceJet into service, Mitsubishi Aircraft Corporation of Japan. The new aircraft is based on the Airbus A220 and is as a part of The Xtra Large Bizjet, a new class of business and VIP jets. The announcement is a small milestone in China’s quest for domestically designed and manufactured commercial airplanes that could challenge the duopoly of Boeing and Airbus. Airbus Corporate Jets (ACJ) launched the ACJ TwoTwenty business jet. Named ACJ TwoTwenty (ACJ220), the new aircraft is based on the A220-100 version, the smallest in the family.. One of the most advanced aircraft in the sky and the largest passenger plane in operation, the Airbus A380 is more than capable of meeting your business needs. The A320 family was an easy first choice for the development of a VIP transport aircraft, but offerings across the Airbus product line have emerged over the decades. Airbus said its jet cabin would offer passengers more space and comforts, like those found in roomier widebody jets. Airbus Corporate Jets’ TwoTwenty is so large that it contains a king-sized bed and full shower, while still able to accommodate 18 passengers. Regional jets and small single-aisles like the Airbus A220 and Embraer's E2 family have higher unit cost, or cost per available seat-mile (CASM), than larger aircraft like the Boeing 737 or Airbus A320. Airbus will launch their own Private Jet known as the ACJ350 and ACJ330-800/-900 after giving Jet Aviation the go-ahead to fit the cabin of the aircraft. PARIS: Airbus stuck to ambitions for a partial recovery in jet production later this year, amid speculation that it may have to delay the move as Europe faces new coronavirus lockdowns. Airbus Corporate Jets last week launched its TwoTwenty, a business jet so brawny it contains a king-sized bed and full shower, while still cradling 18 passengers in assorted laps of luxury. The Airbus A220 has proven to be a success for major airlines and would undoubtedly be a hit in the private jet realm thanks to its modern features. Based on the A220-100 aircraft, it is expected that the new jet will have 2-3 times as much cabin space compared to competitors. Airbus Corporate Jets has launched the ACJ TwoTwenty business jet. Business Insider logo The words "Business Insider". More than 200 Airbus corporate jets are in service on every continent, including Antarctica. 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