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Virgin Atlantic to raise its capital

London, Uk - With USD 36m

Virgin Atlantic shareholders are planning to raise carrier capital with a USD 36m injection financed in part by Singapore Airlines (owner of a 49% stake of British airline) and in part by Virgin Investments Sa. According to Richard Branson owned-by air carrier, these investments will be employed in a "package of initiatives which are designed to build on the gradual improvement in market conditions...

AVIONEWS - World Aeronautical Press Agency - 27449

AVIONEWS - World Aeronautical Press Agency
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