Aviation bosses worry about demand amid inflation The outlook for airlines has darkened as the post-pandemic boom in travel wears off and recession looms, with carriers focused on Britain particularly exposed, industry … Business • 22 Nov 22
Virgin Atlantic receives £400m investment to pay debt Virgin Atlantic has received £400 million of new investment from its shareholders, Virgin Group and Delta Air Lines, to bolster its balance sheet and pay … Business • 13 Dec 21
Virgin Atlantic plans 1,150 more job cuts Virgin Atlantic plans 1,150 more job cuts due to a slow recovery in demand, the airline said today after completing a restructuring deal designed to … Business • 04 Sep 20
Virgin Atlantic set to seal £1.2 billion rescue deal Virgin Atlantic's £1.2 billion rescue deal is set for completion this week after a London judge sanctioned the airline's restructuring plan in a court hearing … Business • 02 Sep 20
Creditors back £1.2bn rescue for Virgin Atlantic Virgin Atlantic has said that creditors have approved a £1.2 billion (€1.3 billion) private recapitalisation to help ensure its survival. Business • 25 Aug 20
Virgin Atlantic files for US bankruptcy Virgin Atlantic Airways is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor … Business • 05 Aug 20
Virgin Atlantic agrees £1.2 billion rescue deal British airline Virgin Atlantic said it had agreed a private-only rescue deal with shareholders and creditors worth £1.2 billion to secure its future beyond the … Business • 14 Jul 20
Quarantine would see Virgin Atlantic unable to fly Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14 day quarantine for travellers, according … Business • 15 May 20
Virgin Atlantic to cut 3,150 jobs, stop using Gatwick British airline Virgin Atlantic said today it planned to cut 3,150 jobs and would move its London Gatwick operations to Heathrow airport as it counts … Business • 05 May 20
Virgin Atlantic will need UK government help - Branson Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline's founder Richard Branson said today. Business • 20 Apr 20
EU to suspend landing slot rules to end 'ghost flights' The EU will suspend a rule requiring airlines to run most of their scheduled services or else forfeit landing slots, to give carriers some breathing … Coronavirus • 10 Mar 20
Virgin Atlantic eyes over 80 new routes at Heathrow Virgin Atlantic said it is hoping to add over 80 new routes to its network after a third runway is built at London's Heathrow Airport … Business • 18 Sep 19
Virgin Atlantic posts a loss for second year in a row Virgin Atlantic has posted an annual pre-tax loss for the second consecutive year, hit by a shaky economy, the higher costs of fuel generated by … Business • 10 Apr 19
Flybe confirms shareholder call for removal of chairman Flybe Group has confirmed that its largest shareholder had urged the airline to remove Chairman Simon Laffin and investigate its cut-price sale to a consortium. Business • 28 Jan 19
Virgin Atlantic, Stobart and Cyrus buy UK airline Flybe Richard Branson's Virgin Atlantic has teamed up with Stobart Group and Cyrus Capital to buy Flybe for £2.2m. Business • 11 Jan 19
Virgin Atlantic says takeover talks with Flybe continue Virgin Atlantic said today it was continuing to look at a range of options for Flybe Group, including making a takeover offer. Business • 19 Dec 18
Flybe shares soar on report of IAG now in takeover race Flybe Group's shares surged 40% today after weekend reports that Richard Branson-founded Virgin Atlantic and Aer Lingus owner IAG will battle it out to buy … Business • 26 Nov 18
Virgin Atlantic outlines Aer Lingus deal concerns Virgin Atlantic Airways has warned the European Commission the proposed sale of Aer Lingus to the International Airlines Group (IAG) could have serious anti-competitive effects. Business • 14 Apr 15
Transport committee heard from Virgin Atlantic The Oireachtas Transport Committee heard from a representative of Virgin Atlantic, who discussed the airline's concerns over the IAG bid for Aer Lingus. Business • 02 Apr 15
Virgin to raise Aer Lingus concerns with EU Virgin Atlantic is set to raise its concerns with the European Commission next week about the possible sale of Aer Lingus to the International Airlines … News • 30 Mar 15
Datalex says trading in line with expectations Travel software firm Datalex said its new customers will contribute to its revenue by the end of the year. Business • 19 Nov 14
Passenger forces UK-bound plane to turn around A rowdy British passenger forced a London-bound Virgin Atlantic flight to return to Hong Kong today after he "lost control", police said. News • 11 Aug 14
Virgin Atlantic's losses narrow Richard Branson's airline Virgin Atlantic has taken a step towards profitability by halving its losses. Business • 24 Apr 14
Obese Frenchman refused travel arrives in France A morbidly obese Frenchman left stranded in Britain after being stopped from boarding a Eurostar train for safety reasons has arrived in France. News • 21 Nov 13
Approval likely for Delta's Virgin Atlantic stake Delta airlines is expected to secure unconditional European regulatory approval to buy a 49% stake in Virgin Atlantic, allowing it to compete better with rivals … Business • 10 Jun 13
