BlueShamu330s From UK - England, joined Sep 2001, 3435 posts, RR: 21
Reply 3, posted (7 years 10 months 20 hours ago) and read 3055 times:
Quoting Flynavy (Thread starter): Back in March VS announced that it intended to lease 777s as an interim solution due to the 787 delays.
With respect, they did nothing of the sort.
They announced that Boeing's continued delays to the B787 programme had thrown their expansion and fleet development plans into complete disaray.
What they did reveal was that their purchase contracts gave them scope for manouever, and the B777 was just one option.
Nor did they say they would lease B777s as "an interim solution." What infact they said was that there were various avenues they could explore to tide Virgin over until the heavily delayed B787s came online. The B777 was not in reality, nor had it ever been considered as an interim solution, as the offer on the table was simply not acceptable. The B777 was therefore being evaluated as a replacement to some of the earlier delivery slots Virgin had for the B787, in addition to substantial cash compensation.
Having said all that, the article and this summary is reflective of when Virgin were aware of just a 6 month delay. Now, nearly 2Qs later, that delay has trebled, and I'm sure the cards have dealt VS a far better hand to play with.
So I drive a 4x4. So what?! Tax the a$$ off me for it...oh, you already have... :-(