Move is airline’s attempt to shore up balance sheet after £659m loss due to Covid pandemic
The British airline Virgin Atlantic is considering raising funds on the London Stock Exchange in an attempt to shore up its balance sheet.
The listing, which is expected to be announced in the autumn, is likely to see the billionaire Sir Richard Branson relinquish overall control of the business. His Virgin Group currently owns 51% of the airline with the US-based Delta Air Lines owning the rest.
