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Current DateTime: 12:33:09 16 Oct 2009
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Virgin Blue in Talks for 30-50 Boeing Planes: Report
Published: Thursday, 17 Sep 2009 | 4:25 AM ET
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By: Reuters

Australian low-cost airline Virgin Blue is in talks with U.S. plane-maker Boeing to acquire between 30 and 50 single-aisle aircraft, The Age newspaper said on Thursday, quoting Virgin's chief executive.

The daily quoted Brett Godfrey as telling an aviation gathering on Wednesday that Virgin Blue aimed to replace a large portion of its 65-strong 737 domestic fleet from 2011 onwards. Many of its existing planes are leased, The Age added.

"Now is the best time to do a deal," Godfrey was quoted as saying.

"We are in the market because the market is right and we don't want to miss the opportunity."

A Virgin Blue spokeswoman could not be immediately reached by phone for comment on the report. Boeing [BA  Loading...      ()   ] declined to comment, referring all questions to Virgin Blue.

Copyright 2009 Reuters. Click for restrictions.
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