Virgin Chief Executive John Borghetti said the capital cost of buying the new aircraft for Australia's second-largest airline "far outweighs" savings on offer from operating more fuel-efficient planes given the oil price was relatively low.
"The fuel business case isn't as good as it was," he told Reuters in a phone interview after the airline reported a 48 percent fall in first-half underlying pre-tax earnings to A$42.3 million ($32.56 million). "On balance we can push these back."
http://uk.reuters.com/article/uk-virgin ... KKBN15W06W
Interesting that VA believes new generation aircraft have no business case in today's oil environment.