Virgin has never had an ETOPS,they were permitted to carry out ETOPS trials,at completion of the trials an audit was carried out by both
VB & CASA.During the audit they found that as parts and components were returned from repair/overhaul/modification the life(total hours & cycles) was being reset to zero thereby treating the parts as new.As a result
VB chose?(were not allowed?) to continue the process until all the records were rectified and actual parts fitted to A/C were physically confirmed for part #,serial #,test dates,life`s ect. Depending which rumour you heard
VB were either threatened with a "show cause notice" or actually served one by CASA over this parts tracking problem.