Virgin Atlantic Uses Heathrow Slots As Bond Collateral

Credit: Aleem Yousaf
Secondary slot trading is a well-established practice at London Heathrow Airport. But now Virgin Atlantic has added a new dimension to these valuable airport slots: borrowing cash against them. Virgin Atlantic is the first airline in Europe to use its Heathrow slots as collateral to raise money. The...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.