Tag: Virgin Atlantic

Virgin Atlantic Considers Stock Market Listing
August 9, 2021 No Responses

Virgin Atlantic Considers Stock Market Listing

Sir Richard Branson’s Virgin Atlantic is exploring a possible listing on the London stock market to raise money to repair the airline’s finances. The move could see shares offered to private investors as well as big City firms, but mean...
read more
Virgin Atlantic To Sack 1,150 More Workers
September 5, 2020 No Responses

Virgin Atlantic To Sack 1,150 More Workers

Virgin Atlantic is to cut 1,150 more jobs after completing a £1.2bn rescue plan that will secure its future for at least 18 months.  BBC reports that the airline had already cut more than 3,500 jobs out of the 10,000...
read more
Virgin Atlantic Seeks Bailout, Commercial Loan
April 27, 2020 No Responses

Virgin Atlantic Seeks Bailout, Commercial Loan

Virgin Atlantic says it is still in talks with the UK government about a coronavirus-related bailout. It follows reports in the Sunday Telegraph that billionaire Virgin Group boss Sir Richard Branson is seeking a buyer for the airline. Virgin Atlantic...
read more