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Forum Brief: Aviation industry

Virgin Atlantic has confirmed that it will proceed with a £1.5 billion order for 10 Airbus A340-600 jets and 50 Rolls-Royce engines.

The order, which was thought to be under threat following the events of September 11, will help secure about 3,000 British jobs at Rolls-Royce's Derby plant and at Airbus UK's factory in North Wales.

Forum Response: Virgin Atlantic

Sir Richard Branson, chairman of Virgin Atlantic, told ePolitix.com: "We are pleased to confirm that we'll be the launch customer for the A340-600. This order represents an endorsement of Airbus and Rolls Royce who have produced a phenomenal new aircraft and an indication of our growing confidence in the increasing demand for long haul air travel.

"This new aircraft will also fly the flag for British industry with wings by British Aerospace and Trent 500 engines from Rolls Royce. September 11 showed how crucial the aviation industry, including the manufacturing sector, is to the British economy and British jobs and I'm sure the A340-600 will be an international success. Today's announcement coupled with last week's announcing frequency increases this summer is a tribute to everyone at Virgin Atlantic who has helped the company come through the challenges of the last few months," he said.

"These new aircraft will ensure Virgin operates the youngest fleet of aircraft across the North Atlantic, all of which are equipped with our award winning new seats. We only fly four engine aircraft on intercontinental routes. This costs us more than other airlines, but we know from talking to passengers that it increases their confidence. Although we need to maintain a tight control on our costs we can look to the future with increasing confidence. We are now in a position to expand and exploit new opportunities in the months ahead."

Forum Response: Rolls Royce

John Cheffins, chief operating officer of Rolls-Royce, told ePolitix.com: "We are delighted to have this opportunity to launch the Trent 500 into service with Virgin Atlantic. The event will not only re-energise our industry, but will also be a proud occasion for British enterprise and engineering. If the results of our joint development programme with Airbus are any guide, the A340-600 and the Trent 500 represents a combination which will fully meet the high expectations of Virgin Atlantic and its passengers."

Published: Wed, 20 Feb 2002 01:00:00 GMT+00