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Virgin order 10 long haul planes

23.06.09

Virgin Atlantic is ordering 10 Airbus A330-300 aircraft worth $2.1 billion. It has agreed to buy six A330-300 planes and lease four others for use on routes to the US and Caribbean.

The airline will take delivery of the 10 new aircraft between now and 2012, allowing it to expand while awaiting delivery of Boeing's troubled 787 Dreamliner. Sir Richard Branson told Reuters: ‘This will help us with future growth, taking us to new destinations such as Beijing and Vancouver.’

Dutch plane-leasing company AerCap Holdings NV said in a separate statement it would purchase and lease back six aircraft that Virgin has ordered and would lease the remaining four directly to the airline. Five of the wide-body aircraft will be delivered in 2011, the other five in 2012.

Virgin said it remained a customer of Boeing and its order for 15 of the 787 Dreamliners remained intact, but it needed the extra capacity while it awaited delivery of aircraft, whose development has been beset by delays.

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