new airline planning to function transatlantic flights from London by spring 2024 has purchased its first airplane.

Global Airlines mentioned it has acquired an Airbus A380, the world’s largest passenger jet.

It believes it's the first new airline to personal one of many double-decker superjumbos in eight years.

Acquiring our plane moderately than leasing showcases our dedication to monetary safety and resilience from day one

The overwhelming majority of A380s around the globe had been put into storage on the peak of the coronavirus pandemic, sparking hypothesis they'd by no means return as a result of existence of extra fuel-efficient plane.

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But the mannequin’s means to hold extra passengers than different industrial planes means they're making a restoration.

Global Airlines purchased its airplane from German plane finance firm Doric Aviation.

It didn't reveal how a lot it paid.

Global Airlines expects to amass three extra A380s within the coming months.

It intends to start flying from London to New York and Los Angeles from subsequent spring.

This will put it in competitors with legacy airways similar to British Airways and Virgin Atlantic, in addition to Norwegian low-cost service Norse, which started flying between London Gatwick and New York final August.

Norwegian Air Shuttle operated transatlantic flights with low fares however axed its long-haul operations in January 2021 on account of heavy losses.

Global Airlines founder and chief govt James Asquith, who additionally created journey firm Holiday Swap, mentioned: “Our aspiration is to be the best way to fly and the A380 – with its unmatched levels of space, comfort and service – will be absolutely central to achieving that vision.

“The purchase of our first aircraft demonstrates that we are well on the way to launching Global.

“The next step is to overhaul and refit the aircraft to our high specification, providing our customers with the best experience in the sky today.

“Acquiring our aircraft rather than leasing showcases our commitment to financial security and resilience from day one.”