As we start to see the easing of restrictions into the new normal we look at which UK airlines have said they plan to start flying again and when. A number of airlines have recently issued updates on their plans and here is what we know so far. British Airways [read more]
Virgin Atlantic (VS/VIR) has released details of its planned flying programme for Summer 2021 with a total of 31 routes planned. The majority of the flights (24) will operate from London Heathrow (LHR/EGLL) while the rest will operate from Belfast (BFS/EGAA), Glasgow (GLA/EGPF) and Manchester (MAN/EGCC). As previously announced, Virgin [read more]
Sir Richard Branson is selling his share in the space tourism business, Virgin Galactic to raise money for Virgin Atlantic (VS/VIR). The stake is expected to raise around $500m which Virgin Group says will be used to support the groups “leisure, holiday and travel businesses” including the airline. The group [read more]
With the news that Virgin Atlantic is retiring its remaining 7 Boeing 747-400 Jumbo Jets its a very real possibility that we could come out of this pandemic with none of the type left in the UK fleet. The once exulted “Queen of the Skies” was the airliner of choice [read more]
Virgin Atlantic (VS/VIR) is to axe its base at London Gatwick Airport (LGW/EGKK) as well as up to 3,000 workers as it plans its recovery from the Coronavirus Pandemic. In an internal Memo to staff seen by us, Virgin CEO Shai Weiss told staff that the current measures in place [read more]
Richard Branson’s Virgin Group is seeking a buyer for Virgin Atlantic (VS/VIR) as sources close to the situation say that no government help will be available for the airline. The airline had sought a £500m government loan and Mr Branson even offered his private island as collateral but the reports [read more]
Virgin Atlantic (VS/VIR) is one of two Virgin airlines facing a bleak future after failing to secure Government funding for a bailout to help it ride out the Coronavirus (COVID-19) Pandemic. The airline which is owned by Richard Branson’s Virgin Group (51%) and Delta Airlines (49%) had reportedly asked the [read more]
The Chief Executive of Manchester Airports Group (MAG) Charlie Cornish has written to Chancellor Rishi Sunak to lobby in support of a government deal to bail out Virgin Atlantic (VS/VIR). MAG joins Airbus and Rolls-Royce in supporting the airline which is owned by Richard Bransons’ Virgin Atlantic Limited (51%) and [read more]
Airbus has lobbied the UK Government to provide a bailout for Virgin Atlantic (VS/VIR) as the airline struggles to survive. Sources close to the airline have said several companies have directly contacted the Government setting out the harm it could do. Those companies are understood to also include Heathrow Airport. [read more]
Virgin Atlantic (VS/VIR) is set to ask the UK Government for a bailout totalling around 300 million according to sources close to the airline. The news comes just days after Chancellor Rishi Sunak warned airlines that taxpayers help would be the last resort and they should seek commercial arrangements and [read more]
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