Virgin Atlantic agrees sale and leaseback of new long-haul aircraft

Virgin Atlantic has agreed the sale and leaseback of six new Airbus A330-900 aircraft from its order book.

The deal with Irish aviation leasing firm AerCap Holdings for un undisclosed sum is for 262-passenger widebody aircraft yet to be delivered to the airline. 

Deliveries are scheduled to begin in the second quarter of this year and continue through to the final quarter of 2027.

Virgin Atlantic became the first UK airline to announce a firm order at a list price value of $4.7 billion for up to 16 A330-900neos in 2019, with deliveries starting in 2022. 

AerCap chief commercial officer Peter Anderson said: "We are delighted to deepen our long-standing partnership with Virgin Atlantic - one of the world’s most innovative airlines - through this important transaction. 

"The A330neo is one of the most sought‑after aircraft globally, combining advanced technology with exceptional efficiency. 

“These aircraft will play a key role in Virgin Atlantic’s widebody fleet renewal, supporting its commitment to sustainability by lowering emissions and enhancing operational performance."

Virgin Atlantic chief financial officer Ansar Hussain said: "We have invested billions to fly the youngest, most efficient fleet across the Atlantic. 

“The A330neo aircraft entering our fleet this year will debut larger premium and Upper cabins, as well as more Retreat Suites - our most spacious suite yet. 

“We’re grateful for our enduring partnership with AerCap, which allows us to offer our customers the very best of the iconic Virgin Atlantic experience in the sky."