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Monday, July 11, 2016

Virgin Atlantic orders 12 Airbus A350-1000s worth $4.4bn

Virgin Atlantic announced Monday that it has made firm orders for twelve wide-bodied Airbus A350-1000 jets, worth $4.4 billion (3.9 billion euros) at list prices, in the first major announcement at Farnborough.


“Virgin Atlantic has selected the Airbus A350-1000 for an order of 12 beginning 2019 to 2021 to be our large widebodied aicraft,” Craig Kreeger, chief executive of Virgin Atlantic, told reporters at the air show held near London.

The airline added it would purchase eight of the jets for deliveries starting in 2019, and four new aircraft on long-term leases from (leasing firm) ALC from 2020.
Airlines typically negotiate big discounts on large aircraft orders so the actual value of the deal is likely to be smaller.

AFP

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