Virgin Orbit Files For Bankruptcy, Looks For Buyer

Virgin Orbit
Credit: Matthew Horwood/Getty Images
Virgin Orbit has filed for Chapter 11 bankruptcy protection in the U.S. less than a week after laying off most of its staff. In an April 3 filing, Virgin Orbit said it decided to begin Chapter 11 proceedings “in order to effectuate a sale.” Ater failing to secure additional financing, “we ultimately...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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