Virgin Atlantic
Join Date: Oct 2019
Location: London
Posts: 219

Join Date: Sep 2012
Location: NW England
Posts: 148
They were reported to be on 4 year leases when it was first announced they were joining the fleet, so this is confirming they will leave the fleet when the leases expire.

Join Date: Mar 2009
Location: Eas Anglia
Age: 61
Posts: 588

Join Date: Oct 2019
Location: London
Posts: 219
Would be interesting to see Deltas reaction as I’m sure they don’t want there shared to be worth zero.

Join Date: Feb 2008
Location: UK
Age: 63
Posts: 217
SRB has put on the market a large stake (up to 50%) of his stock in Virgin Galactica - Up to $1bn could be raised.
This would free up cash to inject into VS
and potentially also help stricken Virgin Australia which has $1.2bn of debt (Virgin group has a 10% share in VA)
This would free up cash to inject into VS
and potentially also help stricken Virgin Australia which has $1.2bn of debt (Virgin group has a 10% share in VA)

Join Date: Mar 2004
Location: Dorset
Posts: 332
These continuing leaks out of the Government to Sky News are a total disgrace. Thomas Cook, then Flybe, now Virgin Atlantic all seeing sensitive stuff leaked to Sky News. It’s about time someone in Government got a grip of this.

Join Date: Aug 2009
Location: London
Posts: 333
Given the leak doesn’t involve the Government how do you know that’s the source? Mark Kleinman is a great journalist and has brilliant sources throughout the city. It’s more likely the company appointed is the source of the leak to him.

Join Date: Nov 2009
Location: UK
Posts: 299

Join Date: Jan 2002
Location: West Country
Posts: 1,266

Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
Posts: 4,565
Beardy must be desperate! He should have done this a month ago! I wonder what value his 'fire sale' of shares will raise? A lot less than it might have done? I guess his rating in the eyes of the British public and the fact that he was hoping for a huge bail out, that did not occur, has induced this desperate measure?
