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Virgin Atlantic in talks over fresh funding push – reports

Air
James Chapple
22 November 2021

Virgin Atlantic is reportedly in talks to secure up to £400 million in fresh funding to ease financial pressure ahead of another Covid-impacted winter.

Support comes from parent Virgin Group and partner Delta

Sky News reports the carrier has broached the subject with shareholders and other financial stakeholders as the typically quieter winter months loom.


Citing "City" sources, while a final target figure is yet to be agreed, any such move by the end of the year would require a cash injection from founder Sir Richard Branson.


Virgin Atlantic declined to comment, Sky said.

Sky additionally reports any plans Virgin Atlantic had for an IPO, initial public offering on the stock market, have been parked. It was reported in August Virgin was considering such a move.