Virgin Voyages has confirmed it is seeking “additional funding” in support of the cruise line’s “aggressive growth strategy”.
Launched in August 2021, the cruise line currently operates two ships: Scarlet Lady and Valiant Lady.
A third, called Resilient Lady (pictured), will launch next month and a fourth – Brilliant Lady – will be delivered in December.
The confirmation that the adults-only operator is seeking additional funding came after Sky News reported the cruise line is seeking “hundreds of millions of dollars in fresh capital”.
A spokesperson for Virgin Voyages told Travel Weekly: “The additional funding is in support of Virgin Voyages’ aggressive growth strategy.
“It’s much too premature to disclose where any additional funding sources will be used.”
In August 2022, the cruise line raised $550 million in new capital to support its growth plans, including the launch of Resilient Lady and Brilliant Lady and expansion into new markets in Australia and the Caribbean.
The funding was led by funds and accounts managed by investment management firm BlackRock.
More: Virgin Voyages plots growth following $550m in new funding