MDT advises Virgin Atlantic on its 787-9 financing

MDT is acting as exclusive financial adviser and arranger to Virgin Atlantic Airways (VAA) in the financing of its B787-9 fleet. MDT was appointed by VAA in 2013 to run an extensive tender and evaluation process, with the aim of achieving certain key objectives set by the airline, which included taking a larger equity stake in its fleet. After receiving a very strong response from a large number of interested parties, covering a range of financing options and structures, extensive negotiations were entered into with a few key lessors and financiers to ensure that all targets were achieved. This has