Virgin Blue orders up to 105 B737s, Cebu Air defers IPO

Virgin Blue Group has signed an agreement with Boeing, for up to 105 new B737 aircraft - by far the largest aircraft order in Virgin Blue's ten year history and the Boeing's largest order in the past 18 months. The agreement includes 50 firm B737-800 aircraft (with flexibility to convert to either B737-700 or B737-900), 25 options and 30 future purchase rights.