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Live @ Virgin Atlantic's 25th Birthday Bash in London

Sir Richard Branson and Kate Moss just did a photo shoot on the wing of VA's Lady Penelope here at Heathrow. The two were later joined on the wing by Branson Next, Sam and Holly. Kate Moss? She is British right? Guess that explains her appearance on the wing.

Today is Virgin Atlantic's 25th birthday and the celebration, which is now ongoing in London goes trans-atlantic later this morning. While the 1984 inaugural VS1 flew from Gatwick to Newark, today's birthday flight will go from LHR to EWR.

Branson just announced that Virgin Atlantic has placed an order for $2.1 billion worth of Airbus A330-300 aircraft. Delivery of 5 planes will be in 2011, while the second 5 will arrive in 2012. These planes are 10% more fuel efficient than todays and will all have USB ports and power sockets as well as email capabilities.

New Virgin Atlantic destinations were also just announced: Beijing, Vancouver and Cancun were mentioned by Sir Richard at his LHR presser today. Furthermore, Branson noted that it is "likely inefficient big carriers will disappear, and in a sense they should. In a forest, when some big trees die new saplings can get going." The VA founder went on to lament that upstarts like his Virgin America can not get additional slots at JFK because of legacy carrier squatting at NYC's biggest airport.