Virgin Atlantic and Airbus announce agreement on a firm order, valued at $4.4bn, for 12 Airbus A350-1000 aircraft. The investment demonstrates the strength of the Virgin Atlantic commitment to customer experience as it continues to focus on delivering sustained profit in the long term. It is part of a fleet modernisation program which will see 50 percent of Virgin Atlantic’s aircraft replaced in a six year period – creating one of the world’s youngest fleets.
Of the 12 firm orders, eight will be purchased and four leased, as Virgin Atlantic continues its investment into increasing the mix of owned and leased aircraft in its fleet.
British Prime Minister, David Cameron said: “I welcome the news of Virgin Atlantic’s investment. As well as being good news for passengers, it’s great news for jobs in the UK. The fantastic Airbus A350 is part built in the UK with Rolls Royce engines and other suppliers across the country.
“It’s an investment in the UK itself, and our world-beating aerospace industry.”
Virgin Atlantic CEO Craig Kreeger, commented: “The size of this order demonstrates our absolute focus on investing in the future for our customers and our people, and confirms the strength of our business.”
“We’re looking forward to introducing this aircraft to our customers, as its impressive economics, fuel performance, and quiet flying offer an irresistible proposition that makes long haul travel more enjoyable and better for the environment.”
The A350-1000, which will replace Virgin Atlantic’s remaining Boeing 747-400s and Airbus A340- 600s, is due for delivery from early 2019. The aircraft will operate on both business and leisure routes for Virgin Atlantic worldwide with a base at both London Heathrow and London Gatwick. Initially the aircraft will fly to key US destinations from London Heathrow.
