Virgin Atlantic Mortgages Heathrow Slots For $330 Million To Pay Delta—Deal Now Under Intense UK Regulatory Scrutiny – View from the Wing

Virgin Atlantic is levering up its balance sheet to pay out cash to Delta, in a complicated transaction that worries U.K. regulators. The airline is mortgaging London Heathrow slots for $330 million to pay out dividends.

​  Virgin Atlantic is levering up its balance sheet to pay out cash to Delta, in a complicated transaction that worries U.K. regulators. The airline is mortgaging London Heathrow slots for $330 million to pay out dividends.  

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Virgin Atlantic is levering up its balance sheet to pay out cash to Delta, in a complicated transaction that worries U.K. regulators. The airline is mortgaging London Heathrow slots for $330 million to pay out dividends.