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Virgin Atlantic Airways mulling IPO
Virgin Atlantic Airways is planning to go public later this year. It could list on the London Stock Exchange this autumn, Sky News reports. Virgin Atlantic executives held talks with institutional investors about going public.
The airline secured a £160 million capital injection just a few months ago. If it files an IPO it would likely see Sir Richard’s Virgin Group relinquish its controlling stake in the airline. Virgin Group currently holds a 51% stake.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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