Virgin Atlantic sells six A330neos to AerCap in sale-and-leaseback deal

UK long-haul carrier Virgin Atlantic has agreed to sell six new Airbus A330-900s to AerCap under a sale-and-leaseback arrangement, continuing a broader industry trend of airlines using lease deals to support fleet renewal. 

The aircraft come from Virgin Atlantic’s existing orderbook and are scheduled to deliver between the second quarter of 2026 and the fourth quarter of 2027. Under the agreement, AerCap will purchase the aircraft at delivery and lease them back to the airline for long-term operation. 

Virgin Atlantic plans to use the A330neos to modernize its transatlantic fleet. The aircraft will feature updated Premium and Upper Class cabins, including additional Retreat Suites, as the airline continues its push toward a younger, more fuel-efficient widebody lineup. 

For Virgin Atlantic, the deal provides flexibility as it takes delivery of new aircraft without adding complexity to fleet planning. Sale-and-leaseback transactions allow airlines to introduce new capacity while keeping balance sheet commitments predictable, a structure that has become common as carriers manage fleet growth alongside operational uncertainty. 

For AerCap, the transaction reinforces strong demand for the A330neo, which has become a popular choice for airlines seeking long-range capability with lower fuel burn compared with older widebodies. The type has seen steady interest from both operators and lessors as airlines rebuild international networks and prioritize efficiency. 

AerCap Chief Commercial Officer Peter Anderson said the A330neo remains one of the most sought-after widebody aircraft globally, citing its range, operating economics, and flexibility across long-haul missions. 

The agreement also reflects a broader shift in how airlines approach fleet ownership. Rather than holding large numbers of aircraft outright, many carriers now rely more heavily on leasing to maintain flexibility, manage risk, and adapt capacity as demand evolves. Lessors, in turn, have become increasingly selective, favoring aircraft types with broad market appeal and long service lives. 

Virgin Atlantic has taken steps in recent years to simplify its fleet and retire older aircraft. The addition of leased A330neos supports that strategy while giving the airline room to adjust capacity as market conditions change. 

The deal highlights how airlines and lessors continue to align around newer-generation aircraft, particularly widebodies that can serve high-density long-haul routes while offering improved efficiency and passenger comfort. As deliveries begin in 2026, the six A330neos will play a growing role in Virgin Atlantic’s transatlantic operation.  AerCap is the world’s largest aircraft leasing company, with a portfolio that includes more than 1,400 owned, managed, or on-order aircraft. Headquartered in Dublin, AerCap works with airlines around the globe, providing financing and leasing solutions across narrowbody, widebody, and freighter fleets. The company expanded its scale significantly after acquiring GE Capital Aviation Services in 2021, cementing its position as a dominant player in the global aircraft leasing market. The post Virgin Atlantic sells six A330neos to AerCap in sale-and-leaseback deal appeared first on AeroTime.

Go to Source