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

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Why This Matters

Virgin Atlantic has secured a $745 million loan from Apollo Global Management to finance cabin upgrades and Starlink WiFi, using its Heathrow slots as collateral. This deal will enable the airline to enhance its passenger experience. The airline will use the funds to upgrade its cabins and provide high-speed internet connectivity.

Market Impact

Market impact analysis based on neutral sentiment with 66% confidence.

Sentiment
Neutral
AI Confidence
66%

Article Context

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Airline will use funds from US private capital firm to finance cabin upgrades and Starlink WiFi

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Full article on Financial Times
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Original article published by Financial Times on November 13, 2025.
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