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Virgin Atlantic Selects Airbus A330 to Update Fleet

A Virgin Atlantic plane passes a Delta aircraft at the John F. Kennedy International Airport, N.Y.

Daniel Acker | Bloomberg | Getty Images

In its second major announcement at the Paris Air Show, Airbus announced that Virgin Atlantic would buy 14 A330-900 aircraft.

Virgin Atlantic CEO, Shai Weiss, said at a press conference Monday that it was "the biggest transformation of his fleet so far" and that By 2025, Virgin's fleet would have halved its average age.

The price posted for the transaction was $ 4.1 billion, although Virgin negotiated a much cheaper deal. Virgin committed to eight Airbus aircraft and six others leased to Air Lease Corporation.

The US company Delta Airlines owns 49% of Virgin Atlantic and Weiss stated that the company had participated in the purchase decision.

Weiss added that the A330neo aircraft order will replace Virgin's A330ceos starting in 2021 and was part of a plan to double the size of its fleet departing from Heathrow.

Earlier Monday, Airbus had announced the launch of a single-aisle long-haul airliner. The company also announced that it had agreed to sell 100 aircraft to the American aircraft leasing company Air Lease Corporation.

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