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Virgin Atlantic buys two Boeing 747-400 aircraft 

Reuters  
London, Aug 29: Singapore Airlines affiliate Virgin Atlantic has signed an order for two new 747-400 airliners from Boeing Co to meet expansion plans, the British airline said on Tuesday. The aircraft would be fitted with General Electric Co CF6-80 engines and be financed through a leasing deal with GE unit GE Capital Aviation Services, Virgin said in a statement. The deal is one of the few recent orders for passenger versions of the 747, the world's largest airliner.

Over the past few years Boeing has increasingly sold the plane as a freighter. "This new acquisition increases the Virgin Atlantic 747 fleet to 18, including eight 747-400s," the airline said, adding that the new planes would be delivered late next year. The company gave no value for the deal but Boeing's catalogue price for the 747-400 -- assumed to attract significant discounts -- is about $185 million.

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