NYTimes.com Article: Virgin's Chairman Perks Up Air Show

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Virgin's Chairman Perks Up Air Show

July 23, 2002
By JOE SHARKEY






Leave it to Richard Branson to bring the party supplies to
a wake.

With the irrepressible founder and chairman of Virgin
Atlantic Airways on board, a new Virgin Airbus A340-600 did
a ceremonial low-level pass over the airfield at
Farnborough, England, yesterday morning before landing to
become the centerpiece of the aircraft displays at the
annual Farnborough Air Show.

With airplane orders lagging and hundreds of retired
airplanes sitting mothballed, representatives of the
world's aircraft manufacturing and supplying industries
didn't have much else to celebrate at Farnborough, a
usually hearty event that one regular attendant called
"moribund" during an invitation-only opening yesterday.

So a few lusty cheers went up when the Virgin founder -
while conceding that premium-class business travel is off
and is likely to remain so for quite a while - declared
that the introduction of the plane "signals another step
towards recovery from the events of last year."

The world's longest commercial aircraft, at 247 feet, the
new Virgin airliner had departed shortly before on its
maiden voyage from Heathrow International Airport after it
was literally unveiled during a Las Vegas-style musical
extravaganza in its hangar.

Virgin will be the first customer to put the four-engine
long-haul Airbus A340-600's in service, with the initial
commercial flight on the New York- to-London route set for
later this month. In Virgin's configuration, the new planes
have 233 seats in the economy section, 28 in premium
economy and 50 in Upper Class, the high-end business-class
cabin.

Virgin has ordered 10 of the planes (total cost: $1.9
billion), which will be phased in on the New York and
Newark trans-Atlantic routes and in Tokyo and Hong Kong,
where business travel is actually growing.

The new A340-600 models are regarded as precursors to the
in-development super-jumbo Airbus A380, which will have a
capacity of more than 500 passengers.



http://www.nytimes.com/2002/07/23/business/23MEMO.html?ex=1028435106&ei=1&en=53483bce809f888e



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