In The News Posted August 25, 2020 Share Posted August 25, 2020 LONDON – Following the impact of the COVID-19 pandemic, Virgin Atlantic (VS) creditors voted on Tuesday for a recapitalization deal in London’s High Court. The recapitalization deal would lead to a 20% reduction in the debt owed by the airline to trade creditors. The remainder of payments would also be staggered over a longer period […] The post Virgin Atlantic Catches a Break from Creditors appeared first on Airways Magazine. View the full article Link to comment Share on other sites More sharing options...
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