Pursuits
Virgin Atlantic Starts Hunt for 747 Leisure-Fleet Successor
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Richard Branson’s Virgin Atlantic Airways Ltd. said it’s ready to assess options for replacing an aging fleet of Boeing Co. 747 jumbo jets that form the heart of its long-haul leisure operation from London’s Gatwick airport.
Virgin has seven 747-400s coming off lease around 2019 and aims to choose replacements in the next 12 to 18 months, with Airbus Group NV’s A330 and A350 pitted against Boeing’s 787 stretch and 777, Chief Executive Officer Craig Kreeger said.