Virgin Atlantic raises cash against Heathrow airport slots

UK-based long-haul specialist Virgin Atlantic has raised £220 million ($328 million) in funding by mortgaging some of its take-off and landing slots at London Heathrow. Slots at the heavily runway-constrained airport change hands for considerable sums, but this is the first time in Europe that they...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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