Virgin Switch Highlights End Game for A340 Values

February 1, 2010

With Virgin Atlantic Airways having switched six remaining orders for the A340-600 to the A330-300, the backlog for the A340-500 and -600 amounted to no more than seven aircraft as of the end of 2009, thereby pointing to further erosion of values.

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.