Virgin Atlantic to Seek A380 Compensation
16 October 2006 6:00am
Virgin Atlantic will seek more than more than $37.4 million in compensation from Airbus for delays in deliveries of the A380 super jumbo, a source familiar with the situation said last week.
Virgin, half owned by billionaire Richard Branson, was seeking compensation for expected delays in deliveries of the half a dozen A380s it has ordered, the source said, confirming UK newspaper reports.
Virgin’s board met on October 12 to review its options on the A380. The airline said last week the delays had “serious implications”.
