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Airline fails to capitalise on air travel boom and now expects to turn a profit in 2024
Virgin and BA seek larger cut to charges while UK hub claims regulator’s decision will hit investment
Aircraft will be powered by sustainable aviation fuel in significant milestone
Virgin Atlantic chief urges Liz Truss to reverse course on mini-Budget tax cuts
Tycoon’s Virgin Group and Delta Air Lines pump in £400m
Branson airline may tap investors this autumn as recovery in business and holiday travel gathers momentum
Vertical Aerospace’s potential customers include Virgin Atlantic as it plans NY listing via Spac
Potential blow to travel and hospitality industries as finance sector seeks to make more use of new ways of working
Shai Weiss questions whether corporate trips will ever fully recover from pandemic
BA, Virgin and Heathrow bosses call for restart of lucrative transatlantic routes as soon as next month
Deal includes £100m loan to carrier from Virgin Group and is close to being finalised
Ministers extend waivers to ‘use or lose’ rules in boost to carriers including BA, Virgin and easyJet
United, Lufthansa and Virgin among carriers to introduce WEF-backed CommonPass
Bookings worse than expected as new Covid infections increase in airline group’s biggest markets
Big carriers face growing threat on what was one of the busiest and most lucrative routes
Airline plans further cuts as chief says carrier is still fighting for survival
Approval takes company closer to securing £1.2bn recapitalisation
Vote paves way for full recapitalisation of airline after pandemic brought commercial aviation to standstill
Airline has warned it could run out of money if bailout package is not approved
Chief executive says deal is ‘major achievement’ in airline’s fight for survival
Cash move comes as grounded airline races to finalise £1bn rescue package
Announcements are latest among carriers restoring some services to holiday destinations
In the midst of a pandemic, anyone who owns aviation, hospitality or cruise ship businesses is fighting for survival
Richard Branson’s group will sell $500m stake in Virgin Galactic and seek private investors
Crisis has exposed the dissonance between the tycoon’s public image and reality
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