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Warrants - Warrants issued to Virgin, American and American (Details) £ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2021 GBP (£) shares | Dec. 31, 2021 GBP (£) $ / shares shares | Oct. 29, 2021 shares
Disclosure of fair value measurement of liabilities [line items] |  |  |
Value of warrants outstanding | £ 8,558 | £ 8,558 |
Warrant expense | £ 111,611 |  |
Virgin Atlantic Warrant Instrument |  |  |
Disclosure of fair value measurement of liabilities [line items] |  |  |
IFRS Class Of Warrant Or Right, Number Of Securities Called By Warrants Or Rights | shares | 2,625,000 | 2,625,000 | 2,625,000
Volatility | 75.00% |  |
Warrant expense | £ 8,558 |  |
American Warrant Instrument |  |  |
Disclosure of fair value measurement of liabilities [line items] |  |  |
IFRS Class Of Warrant Or Right, Number Of Securities Called By Warrants Or Rights | shares | 2,625,000 | 2,625,000 |
Warrant expense | £ 21,186 |  |
Avolon Warrant Instrument |  |  |
Disclosure of fair value measurement of liabilities [line items] |  |  |
IFRS Class Of Warrant Or Right, Number Of Securities Called By Warrants Or Rights | shares | 6,378,600 | 6,378,600 |
Warrant expense | £ 51,481 |  |
Avolon Commercial Instrument |  |  |
Disclosure of fair value measurement of liabilities [line items] |  |  |
IFRS Class Of Warrant Or Right, Number Of Securities Called By Warrants Or Rights | shares | 3,765,000 | 3,765,000 |
Number Of Aircraft Placed With Prime Carrier | 100 |  |
Warrant expense | £ 30,386 |  |
Virgin, American And Avolon Warrants |  |  |
Disclosure of fair value measurement of liabilities [line items] |  |  |
Spot | $ / shares |  | £ 10.68 |
Strike | $ / shares |  | £ 10.00 |
Risk-free rate | 0.05% |  |
Maximum term to exercise | 4 years |  |
Volatility | 50.00% |  |

X
- Definition Number of securities called by warrants + References No definition available. + Details
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X
- Definition Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price. + References No definition available. + Details
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- Definition Represents the number of aircraft placed with the prime carrier. + References No definition available. + Details
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- Definition Amount of warrant expense. + References No definition available. + Details
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- Definition The risk-free interest rate of warrants. + References No definition available. + Details
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- Definition The spot rate of warrants. + References No definition available. + Details
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- Definition The strike rate of warrants. + References No definition available. + Details
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- Definition The term of warrants. + References No definition available. + Details
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- Definition The expected volatility of the share price used to calculate the fair value of the warrants. + References No definition available. + Details
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- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
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- Details
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- Details
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