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Virgin Blue

Virgin Blue buying 105 new Boeing aircraft

Virgin Blue buying 105 new Boeing aircraft
Virgin Blue Boeing 737 / Image via wikimedia.org

Apr 01, 2010

Australian airline Virgin Blue Holdings Ltd will purchase up to 105 new Boeing 737 aircraft over a six-year period to replace old planes, protect market share and to expand into new routes.

Part of the deal includes a firm order for 50 Boeing 737-800NG aircraft - which can be converted to either the 700 or 900 series - flagged at the company's half-year results presentation last month.

* The remaining 55 orders are made up of 25 firm additional delivery positions secured as options and a further 30 future purchase rights.

* The planes are due for delivery between June 2011 and 2017.

Source: tradingmarkets.com



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