Virgin Atlantic uses Heathrow slots as collateral for $745m Apollo loan

Virgin Atlantic has borrowed $745m (£564m) from alternatives giant Apollo in a groundbreaking private credit deal that will ...

Virgin Atlantic borrows $745mn against Heathrow slots in Apollo deal

Virgin Atlantic has borrowed $745mn against the value of its landing slots at Heathrow to spend on cabin upgrades including Starlink WiFi in a deal with US private capital firm Apollo.
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Apollo and Virgin Atlantic Complete $745MM Senior Secured Financing Solution

Apollo and Virgin Atlantic Airways announced that Apollo-managed funds and affiliates have completed a $745 million senior secured financing of Virgin Atlantic’s portfolio of take-off and landing ...

British Airways Vs. Virgin Atlantic: Which Carrier Wins In Premium Economy?

British Airways and Virgin Atlantic both offer very competitive premium economy classes, with Virgin arguably having an edge ...