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Virgin Atlantic’s Hong Kong crews call strike

Hong Kong-based Virgin Atlantic cabin crew will stage a wildcat strike starting tomorrow, December 21, in a bid to stave off job losses announced by the British airline last month. Travellers flying Virgin Atlantic this Christmas are being warned the London flight may not take-off as a result of the industrial action which will start on December 21st until January 1st. Action is being taken...

Branson Airline Lands EUR304 Million - Without Selling Its Lucrative Heathrow Slots

Richard Branson's Virgin Atlantic Airways said it raised 220 million pounds (EUR304 million) from Europe's first-ever bonds secured against airport operating slots. The issue, backed by scarce take-off and landing positions at London's Heathrow airport, will help finance long- term investments including the purchase of new aircraft Virgin said. The deal is the company...