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Published on Monday, August 9, 2021

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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