Virgin Atlantic Nears Final Approval Of Restructuring Plan
Credit: Virgin Atlantic
LONDON—Plans for the financial restructuring of long-haul specialist Virgin Atlantic were approved by the English High Court in London Sept. 2. The next step, a Chapter 15 procedural hearing in the U.S., is scheduled for Sept. 3, clearing the way for the £1.2 billion ($1.6 billion) to go ahead. The...
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