Virgin Atlantic


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Rob c DSA

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May 27, 2017
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worksop
Is this good news for Manchester?
As long as Virgin make it through yes it goes further than just Manchester airport though its the North of England that benefits from having Virgin around if they weren't around the long haul scene for the top half of the country wouldn't exist and the South and BA would benefit hopefully a restructure really helps.
 

Rob c DSA

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It ain't looking great for sure but its not over till its over and it may end up Virgin are a very different company come the end of this it would be sad to see yet another of our carrier's fold if the worst did happen though.
 

Jerry

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There is reports that Branson has put up 50% of Virgin Galactic up for sale for £1 billion.
 

Jerry

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Virgin Atlantic will defer 6 A350 deliveries. More than 100 investors have been approached with reportedly 12 interested. CEO Shai Weiss hopes that the Treasury will provide loan guarantees to encourage private investors.
 

Scottie Dog

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From today's Travel Trade Gazette:

Virgin Atlantic will put its summer 2021 flying programme on sale this Saturday.
TRFBLI

The services will operate from Heathrow, Manchester, Glasgow and Belfast.

The airline said "as countries start to lift travel restrictions and demand for travel begins to return" it expects to steadily increase passenger flying in the second half of this year, with a further, gradual recovery through 2021.

For summer next year, Virgin Atlantic intends to fly to 24 destinations on a fleet of wide-body, twin-engine aircraft comprising of A330-300s, 787-9s, A350-1000s, as well as A330-200s before they retire in early 2022 as planned.

Juha Jarvinen, chief commercial officer at Virgin Atlantic, said: "As the Covid-19 crisis stabilises and demand gradually returns, we are looking forward to welcoming our customers back and flying them safely to their favourite destinations.

"We have taken the opportunity to pause, reflect and reshape our 2021 flying programme looking at efficiencies in our fleet and connectivity across our network, to ensure it is fit for the future, flying to the destinations we know our customers love to fly.

"We’re delighted that our popular Tel Aviv service, which launched in September 2019, will now increase to double daily, while regional flying from Manchester, Glasgow and Belfast will continue to play an important part in offering choice to customers and connecting UK travellers to Orlando, Barbados, Atlanta, New York and Los Angeles."

Virgin Atlantic’s summer schedule begins on 28 March 2021.
 

Sherburnflyer92

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Worrying that the legalised criminals that call themselves Greybull are circling around Virgin Atlantic. I hope VA wake up and smell the bull s**t that this crap company will offer. I'd certainly be sticking two fingers up at these asset stripers.
 

JENNYJET

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A generous supply of PPE should be made available to Virgin Atlantic negotiators if they entangle themselves with Greybull Capital. Safer to invite the Trump Organisation, but only by a small margin.
 

JENNYJET

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Any airline is a bad risk at this time so Greybull will either have second sight or an abundance of recklessness. I am sure Sir Richard will move mountains to keep his baby going even if it is vastly reduced in scale. The other shareholders may have differing views.
 

jfy1999

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£1bn rescue deal “could be unveiled by Tuesday”

Wall Street hedge fund Davidson Kempner Capital Management is tipped to provide loans of up to £200 million, a figure to be matched by founder Sir Richard Branson after raising $500 million from the sale of a stake in space venture Virgin Galactic in May.

A further £400 million will come from the deferral of fees owed to the Virgin Group and the airline’s minority shareholder Delta Air Lines over the next three to five years.
 
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