Virgin Atlantic - Virgin Atlantic International Limited (VAIL). In November 2015, VAIL obtained its own Air Operators Certificate and Operating Licence, and commenced operations with two former Virgin Atlantic Airways Limited operated Airbus A330-300 aircraft taking over routes previously operated by Virgin Atlantic Limited between London Gatwick and Barbados, St Lucia, Antigua, Grenada and Tobago. These flights are operated on behalf of Virgin Atlantic. Upon incorporation as an AOC holder, the majority of Virgin Atlantic's landing slots at London Heathrow Airport were transferred to VAIL, allowing Virgin to access the value of the carriers slots by 'mortgaging' them through open investment from
Virgin Atlantic Little Red International (BMI) which gave them a monopoly on UK mainland flights from Heathrow. In order for the deal to be completed, the European Union Competition Commissioner decreed that BA would have to give up 14 of BMI's landing slots at Heathrow to comply with EU competition regulations. 12 of these slots were set aside for domestic usage, which were bought by Virgin Atlantic after they outbid Aer Lingus for the required British domestic operating licence. Virgin announced that they would set up Virgin Atlantic Little Red as a subsidiary to use these slots to cover domestic UK mainland routes as