Virgin Atlantic Raises $745M Against Heathrow Slots

Virgin Atlantic jet
Credit: Virgin Atlantic
Virgin Atlantic has secured $745 million in financing backed by its London Heathrow Airport (LHR) landing slots, with plans to use the asset-backed structure to help fund upcoming fleet and cabin upgrades. The senior secured financing, arranged by Apollo-managed funds and affiliates, strengthens the...
David Casey

David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.

Subscription Required

 

Virgin Atlantic Raises $745M Against Heathrow Slots is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.