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    Virgin Group Ltd

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    • Monday, 3 July, 2023
      US rail operator claims Virgin Group faced ‘brand catastrophe’ during pandemic

      Value of UK brand at centre of dispute as Sir Richard Branson’s company takes legal action against Brightline

      A Brightline passenger train on a platform in West Palm Beach, Florida
    • Thursday, 12 January, 2023
      Satellites
      Virgin Orbit pledges to return for new UK satellite launch

      Richard Branson’s company wants to try again later this year after failed mission from Cornwall

      Virgin Orbit’s home base at the Mojave air and space port in California
    • Monday, 21 February, 2022
      Hyperloop One
      Virgin Hyperloop axes half its staff to focus on freight

      Pandemic prompted strategic shift for superfast transport system, says company

      Virgin Hyperloop’s experimental transport system propels pods through low-pressure tubes at speeds of up to 670mph
    • Thursday, 30 December, 2021
      Virgin Orbit’s Nasdaq listing falls short of fundraising target

      Richard Branson’s parent group forced to inject up to $100m for merger with Spac to go ahead

      Virgin Orbit’s Cosmic Girl aircraft releases its LauncherOne rocket mid-air during a July 2019 drop test
    • Monday, 13 December, 2021
      Virgin Atlantic Airways Ltd
      Branson gives Virgin Atlantic cash injection as travel outlook darkens

      Tycoon’s Virgin Group and Delta Air Lines pump in £400m

      A workers assists a traveler at a Virgin Atlantic Airways check-in counter at John F Kennedy International Airport in New York
    • Monday, 23 August, 2021
      Space industry
      Virgin Orbit brings Boeing on board for $3.2bn Spac deal

      Richard Branson’s reusable launch venture is aiming for Nasdaq listing

      Virgin Orbit Cosmic Girl launch
    • Friday, 13 August, 2021
      Branson’s Virgin Group takes in $1bn from Galactic share sales

      Space travel company’s market value has almost trebled since 2019 listing through a Spac

    • Sunday, 8 August, 2021
      Virgin Atlantic Airways Ltd
      Virgin Atlantic plans London stock market listing

      Branson airline may tap investors this autumn as recovery in business and holiday travel gathers momentum

      Virgin aeroplanes
    • Sunday, 1 August, 2021
      Virgin cruise ship set for debut after investors keep it afloat

      The €600m Scarlet Lady will feature immersive theatre, a tattoo parlour and a sexologist on its adult-only trips

    • Friday, 18 June, 2021
      City InsiderBryce Elder
      Virgin territory as Ovo founder takes to the skies

      Parallels between Fitzpatrick and Branson empires don’t stop at getting off the ground

    • Sunday, 7 March, 2021
      Branson asks UK court to rule on value of Virgin brand

      Business magnate embroiled in $250m dispute with US rail operator Brightline

    • Monday, 18 January, 2021
      Space industry
      Richard Branson’s Virgin Orbit launches rocket into space

      Successful test puts satellites into orbit eight months after failed first attempt

    • Monday, 9 November, 2020
      Innovation
      Virgin claims hyperloop trial success with passengers

      Two people ride short section of test tube in the Nevada desert

    • Friday, 23 October, 2020
      Virgin Holidays refunds customers £203m after regulator probe

      UK competition watchdog says company was too slow to pay back money for 53,000 bookings

    • Thursday, 17 September, 2020
      LexRichard Branson
      Branson/Virgin Spac: catch me if you can Premium content

      The billionaire needs capital to feed his cash-draining groups

    • Wednesday, 16 September, 2020
      Richard Branson
      Richard Branson to raise $400m for Spac

      British billionaire joins fundraising craze in bid to expand Virgin empire

    • Wednesday, 2 September, 2020
      Virgin Atlantic Airways Ltd
      Virgin Atlantic wins UK court backing for rescue package

      Approval takes company closer to securing £1.2bn recapitalisation

      The High Court approved the scheme after hearing evidence that Virgin Atlantic would run out of money within a few weeks without support
    • Tuesday, 14 July, 2020
      Airlines
      Virgin Atlantic secures £1.2bn rescue package to keep flying

      Chief executive says deal is ‘major achievement’ in airline’s fight for survival

      Virgin Atlantic aircraft at Manchester airport
    • Wednesday, 1 July, 2020
      Virgin Atlantic Airways Ltd
      Virgin Group commits £200m of immediate funding for Virgin Atlantic

      Cash move comes as grounded airline races to finalise £1bn rescue package

    • Friday, 26 June, 2020
      Airlines
      Bain Capital wins battle to acquire Virgin Australia

      US private equity group sees off rival bids for control of airline battered by coronavirus

    • Wednesday, 24 June, 2020
      Airlines
      Bondholders make last-minute bid for Virgin Australia

      Creditors rival US private equity groups with proposal to recapitalise stricken airline

    • Monday, 25 May, 2020
      Virgin Orbit rocket fails on first airborne test

      Setback for venture led by Richard Branson at time of financial stress

    • Saturday, 23 May, 2020
      Virgin relinquishes control of Galactic space business

      Funds from $366m sell-off likely to shore up other branches of Sir Richard Branson’s group

    • Monday, 11 May, 2020
      Virgin Atlantic Airways Ltd
      Virgin ramps up efforts to raise cash for struggling airlines

      Richard Branson’s group will sell $500m stake in Virgin Galactic and seek private investors

      Virgin Atlantic is preparing to cut almost a third of its 10,000 workforce as the airline scales back to survive the coronavirus crisis
    • Friday, 8 May, 2020
      Branson clears path to sell $1bn stake in Virgin Galactic

      Filing opens door to potential sale of half of Virgin Group’s holding in space venture

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