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Virgin Atlantic £200m Private Financial Rescue

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Virgin Atlantic (VS) is in detailed talks with Cardnet, which is owned by the Lloyds Banking Group, and First Data, a subsidiary of American Fiserv. (airwaysmag.com) More...

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spbking
Lloyds Banking Group, rescued by the British taxpayer, now funding what is, in effect, a foreign owned airline, while reducing interest rates to it UK customers - let Branson rescue "his" airline with his own money!

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