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1. corporate.virginatlantic.com › gb › enVirgin Atlantic announces £400m investment from Virgin Group ...

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   Dec 13, 2021 · The airline anticipates a return to sustainable profitability from 2023, driven by a recovery in air travel demand and more than £300m of cost savings, already delivered. Key Highlights: £400m new investment from Virgin Group (51%) and Delta Air Lines (49%) Creditors continue to support the airline with £200m reduction in cash burden through ...

2. www.virgin.com › about-virgin › latestVirgin Atlantic completes £400m investment from Virgin Group ...

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   Dec 13, 2021 · 13 December 2021. Virgin Atlantic has announced the completion of a £400m new investment from its shareholders, Virgin Group and Delta Air Lines. The investment positions Virgin Atlantic to emerge from the COVID-19 pandemic in a strong financial position, ready to capitalise on market opportunities as demand for travel returns.

3. news.sky.com › story › branson-and-delta-inject-400mRichard Branson and Delta inject £400m to bolster Virgin ...

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   Dec 13, 2021 · Sir Richard's Virgin Group, which owns 51% of Virgin Atlantic, is putting in £204m while Delta, with its 49% stake, will contribute £196m. ... The airline said the injection "positions Virgin ...

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4. www.reuters.com › markets › europeBranson leads $530 mln funding round for Virgin Atlantic

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   Dec 13, 2021 · LONDON, Dec 13 (Reuters) - Virgin Atlantic has raised 400 million pounds ($530 million) in fresh funding from shareholders Virgin Group and Delta Air Lines (DAL.N) as a new bout of gloom descends ...

5. www.ft.com › content › d4e3ed6a-3de8-4fdc-959b-87fRichard Branson gives Virgin Atlantic cash injection as ...

   www.ft.com › content › d4e3ed6a-3de8-4fdc-959b-87f

   Dec 13, 2021 · Sir Richard Branson has given Virgin Atlantic a cash injection in a £400m funding round to support the airline as the outlook for the travel sector darkens. Branson’s Virgin Group, which owns ...

   • Author: Philip Georgiadis

6. www.businesstravelnewseurope.com › Air-TravelVirgin Atlantic secures £400m investment from shareholders

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   Dec 13, 2021 · Virgin Atlantic has secured £400 million in new investment from existing shareholders Virgin Group and Delta Air Lines as it continues on the road to recovery during the Covid-19 crisis. The airline said the investment will help it emerge from the pandemic “in a strong financial position and with a bolstered balance sheet”, along with an ...

7. People also ask

   Why should you invest in Virgin Atlantic?

   • The investment positions Virgin Atlantic to emerge from the COVID-19 pandemic in a strong financial position, ready to capitalise on market opportunities as demand for travel returns. The airline also has a bolstered balance sheet, which will make it able to withstand a further downturn in air travel, should that occur.

   Virgin Atlantic completes £400m investment from Virgin Group and Delta

   www.virgin.com/about-virgin/latest/virgin-atlantic-completes-gbp400m-investment-from-virgin-group-and-delta-air

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   Who owns Virgin Atlantic?

   • Notes to Editors The £400m investment is split £204m Virgin Group, £196m Delta Air Lines and the ownership structure remains unchanged; Virgin Group owns 51% of Virgin Atlantic, while Delta Air lines owns the remaining 49% share.

   Virgin Atlantic announces £400m investment | Virgin Atlantic Media Cen…

   corporate.virginatlantic.com/gb/en/media/press-releases/virgin-atlantics-400m-investment.html

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   Will Virgin Atlantic Airways raise £400m for a new IPO?

   • The billionaire tycoon and Delta Air Lines are in talks about a further capital-raising to help steer the transatlantic carrier through the winter, Sky News learns. Virgin Atlantic Airways is drawing up plans for a fresh £400m funding injection as prospects fade for an initial public offering (IPO) of Sir Richard Branson's flagship company.

   Branson to land fresh £400m funding injection for pandemic-hit Virgin

   news.sky.com/story/richard-branson-to-land-fresh-400m-funding-injection-for-pandemic-hit-virgin-atlantic-airways-12473208

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   Why did Virgin Atlantic invest in New funds?

   • The new funds announced on Monday will help the airline to bolster its balance sheet, cut debt, improve liquidity and withstand any new downturn in flying, it said. "Virgin Atlantic's business has transformed, allowing them to emerge from the pandemic a stronger airline," said Josh Bayliss, CEO of Branson's Virgin Group.

   Branson leads $530 mln funding round for Virgin Atlantic

   www.reuters.com/markets/europe/virgin-atlantic-receives-530-mln-investment-shareholders-2021-12-13/

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   How much money has Virgin Atlantic raised?

   • REUTERS/Luke MacGregor Purchase Licensing Rights LONDON, Dec 13 (Reuters) - Virgin Atlantic has raised 400 million pounds ($530 million) in fresh funding from shareholders Virgin Group and Delta Air Lines (DAL.N) as a new bout of gloom descends on the aviation sector.

   Branson leads $530 mln funding round for Virgin Atlantic

   www.reuters.com/markets/europe/virgin-atlantic-receives-530-mln-investment-shareholders-2021-12-13/

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   Why did Virgin Atlantic get a £400m funding injection?

   • The investment is the latest for the carrier which was saved by a £1.2bn rescue package last year and reported an annual loss of £858m as the pandemic took its toll. Virgin Atlantic has received a £400m funding injection from Sir Richard Branson and co-owner Delta Airlines to bolster its pandemic-battered finances.

   Richard Branson and Delta inject £400m to bolster Virgin Atlantic's

   news.sky.com/story/branson-and-delta-inject-400m-to-bolster-virgin-atlantics-finances-12495231

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8. news.sky.com › story › richard-branson-to-land-freshBranson to land fresh £400m funding injection for pandemic ...

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   Nov 20, 2021 · Virgin Atlantic Airways is drawing up plans for a fresh £400m funding injection as prospects fade for an initial public offering (IPO) of Sir Richard Branson's flagship company.