Tag: KLM Royal Dutch Airlines

Branson Takes More Money From Delta Air Lines To Keep His Floundering Airline Aloft

LONDON — Virgin Atlantic has raised $530 million in fresh funding from shareholders Virgin Group and Delta Air Lines as a new bout of gloom descends on the aviation sector. Founded by Richard Branson in 1984, Virgin Atlantic has been particularly hard hit during the COVID-19 crisis after business travel and long-haul flights largely ground to […]