Kabir Mulchandani, founder and CEO of FIVE Holdings, became the first private customer of the Airbus ACJ TwoTwenty business jet.
He is going to receive the first production TwoTwenty, and one of the jets that have been purchased by Comlux, the launch customer of the model. According to Airbus, the cost of the jet is between $75-80 million.
The identity of the purchaser was announced at a closed ceremony in Dubai, AirInsight reports.
The aircraft – outfitted in one of the three classical cabin styles by Comlux – is going to be delivered in 2023. According to AirInsight, Mulchandani was not impressed by the fourth option – the avant-garde interior by French graffiti artist Cyril Kongo.
Comlux is the exclusive outfitting partner for the TwoTwenty. The Indianapolis-based company is going to work on six TwoTwenty aircraft, delivering them to customers or using them for charter.
Airbus TwoTwenty is the latest aircraft in the line of Airbus Corporate Jets (ACJ). It is based on the successful A220 airliner, originally designed as Bombardier CSeries.
In comparison with the regular passenger version of the A220, the TwoTwenty sports heavily increased range (5,650 nautical miles / 10,464 kilometers), greater cruise altitude and an assortment of interiors that include options for conference rooms, lounges and bedrooms.
The aircraft can carry up to 18 passengers and is the smallest in the lineup of Airbus corporate jets. However, it is much larger than models offered by most business jet manufacturers, such as Embraer, Dassault, Bombardier, Cessna or Gulfstream.
The TwoTwenty was launched in October 2020. According to Airbus data, six jets of this type have been ordered so far. Presumably, all six were ordered by Comlux, and some of them will be eventually sold off to private customers.