Virgin Atlantic raises another £160 million
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According to a Sky News report, see here, Virgin Atlantic is close to completing an additional £160 million fundraising.
It is believed that Sir Richard Branson will lend another £100 million, with “a further £60 million of deferrals from creditors”.

I would imagine that these creditors are likely to be Virgin Group, potentially deferring further brand license fees, and fellow shareholder Delta Air Lines.
This latest financing comes after the £1.2 billion refinancing agreed last year although – as our article explained – the amount of ‘new money’ that deal provided was just a fraction of the headline amount.
The airline also freed up $230 million in January by refinancing two Boeing 787 aircraft.
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How to earn Virgin Points from UK credit cards (February 2025)
As a reminder, there are various ways of earning Virgin Points from UK credit cards. Many cards also have generous sign-up bonuses.
You can choose from two official Virgin Atlantic credit cards (apply here, the Reward+ card has a bonus of 18,000 Virgin Points and the free card has a bonus of 3,000 Virgin Points):

Virgin Atlantic Reward+ Mastercard
18,000 bonus points and 1.5 points for every £1 you spend Read our full review

Virgin Atlantic Reward Mastercard
3,000 bonus points, no fee and 1 point for every £1 you spend Read our full review
You can also earn Virgin Points from various American Express cards – and these have sign-up bonuses too.
American Express Preferred Rewards Gold is FREE for a year and comes with 20,000 Membership Rewards points, which convert into 20,000 Virgin Points.

American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review
The Platinum Card from American Express comes with 50,000 Membership Rewards points, which convert into 50,000 Virgin Points.

The Platinum Card from American Express
50,000 bonus points and great travel benefits – for a large fee Read our full review
Small business owners should consider the two American Express Business cards. Points convert at 1:1 into Virgin Points.

American Express Business Platinum
50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold
20,000 points sign-up bonus and FREE for a year Read our full review
Click here to read our detailed summary of all UK credit cards which earn Virgin Points.
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