Cyprus Times

How to Start an Airline with Zero Money

Published December 30, 2025, 09:10
How to Start an Airline with Zero Money

Richard Branson launched Virgin Atlantic without investing any of his own money, using a clever strategy of leasing aircraft and pre-selling tickets. It started when, frustrated by a canceled flight, he chartered a plane and sold seats to other passengers, generating a profit. Instead of buying aircraft, he leased a used Boeing 747, avoiding massive capital outlays. The company took money from pre-sales before even starting routes and delayed payments to suppliers, creating a cash flow surplus. The success of Virgin Records, which supported artists rejected by other companies, gave Branson the recognition and confidence he needed to attract customers and partners.