NYTimes.com Article: Australian Airline Order

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Australian Airline Order

January 16, 2003


By BLOOMBERG NEWS






SYDNEY, Australia, Thursday, Jan. 16 (Bloomberg News) -
Virgin Blue Airlines, Australia's second-largest airline,
may buy as many as 50 aircraft from the Boeing Company in a
purchase worth 5.4 billion Australian dollars ($3.1
billion).

Boeing beat Airbus for the order after 10 months of
negotiations, Virgin said. Virgin will receive 10 of
Boeing's 737-800 aircraft by August 2004 and has an option
to buy another 40 planes in the next 10 years, it said.

The order will almost triple the number of planes flown by
Virgin and may help it increase its 23 percent share of the
Australian market at the expense of its larger rival,
Qantas Airways.

http://www.nytimes.com/2003/01/16/business/16BLUE.html?ex=1043752221&ei=1&en=3577a909a2f29581



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