Virgin America, whose shareholder is British billionaire Richard Branson, is considering selling part or all of the business, reported Wednesday by Bloomberg, citing sources.
According to interlocutors of Agency, Virgin America received a takeover bid and is currently engaged with a financial Advisor. Sources said that while no decision has been made and the carrier may still refuse the deal. Potential investors, Virgin America sources are not named.
Official representatives of the airline to a request for comments not replied promptly, according to Bloomberg. On Wednesday morning (evening in Moscow) Virgin America shares gained 12.2 percent, increasing the company’s capitalization to approximately $1.5 billion.
Virgin America was founded in 2007. The carrier is based in San Francisco and currently flies to 18 cities in the U.S. and three Mexican cities. In 2014, Virgin America IPO, which raised $353 million VX Holdings Richard Branson owns 30,85% in Virgin America.