Virgin ready to offload Nigerian burden

Virgin Atlantic Airways confirmed reports that it is seeking to dispose of its 49% equity stake in Virgin Nigeria, the Lagos-based flag carrier it helped establish in 2004 and launch in April 2005. Nigerian institutional investors own 51%. "The intention has always been for the airline ultimately to...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.