Owners pump £400m into Virgin Atlantic amid Omicron gloom

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Further investment made by Sir Richard Branson and Delta as airline is hit by return of travel restrictions

and Delta have pumped another £400m into the struggling carrier, as the spread of the Omicron variant and growing travel restrictions spread gloom around airline investors., as well as hitting its Lagos service, while the reintroduction of PCR testing for all travellers to the UK has hit the sector more broadly., and insists it anticipates a return to profitability from 2023, Branson and Delta have had to dig further to bolster the airline and allow it to pay down debt.

 

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