Virgin Blue is financing three Embraer 190s scheduled for the first half of this year using a corporate credit line.

The Australian carrier received the first of three aircraft last month and will take delivery of the remaining two in March and June.

CAO understands that Virgin Blue is using its common credit line along with 737-800 deliveries for the financing.

The Group is taking delivery of 10 new aircraft through June, consisting of five Boeing 737-800s, three Embraer 190s and two Airbus A330-200s.

Source: Commercial Aviation Online