Virgin plans American adventure in trains, ships, banks and hotels

By Andrew Edgecliffe-Johnson, Financial Times; February 11, 2019

Editor’s note: This story was written and published prior to Virgin Trains USA’s announcement yesterday, Februry 12, 2019, that it was cancelling its Initial Public Offering because private lenders made a more attractive financial offering to the company. – Editor

The first tickets go on sale this week for Virgin Voyages, a Miami-based cruise operator aiming to launch the first of the four ships it is building early next year. Within days, a group of New York banks are expected to price a potential $3bn initial public offering of Virgin Trains, a new passenger rail service in Florida.

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