Virgin Atlantic is targeting the end of this year to decide on a replacement for its London Gatwick-based fleet of Boeing 747-400s. Speaking at the IATA AGM at Miami earlier this week, Virgin CEO Craig Kreeger said he would be very surprised if no announcement had been made by the end of the year. Last November, he said a decision would be made within nine months, which would place the deadline at the end of August. “What has changed quite a bit [since then] is the price of ...

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