Bird & Bird, Freshfields Bruckhaus Deringer and Dentons have all won roles on Virgin Atlantic's sale and leaseback of 11 new Boeing 787-9 Dreamliner aircraft, valued at over $100m (£62m) each.
October 08, 2014 at 07:07 PM
1 minute read
The original version of this story was published on Legalweek
Bird & Bird, Freshfields Bruckhaus Deringer and Dentons have all won roles on Virgin Atlantic’s sale and leaseback of 11 new Boeing 787-9 Dreamliner aircraft, valued at over $100m (£62m) each.
Virgin has agreed that a leasing company will pay the purchase price to Boeing and then immediately lease the aircraft back to the carrier. The aircraft are due for delivery over the next four years, and by 2017 the 787s will represent 40% of the Virgin fleet.
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