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Virgin Atlantic Restructuring Gets the Green-Light


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MIAMI – The English High Court has approved Virgin Atlantic’s (VS) restructuring plan, worth US$1.6bn. The decision also unblocks additional funding. As Judge Richard Snowden green-lit the plan, the airline expects to make the ruling effective by the end of the week. Last week, VS shareholders, creditors, and aircraft lessors voted in favor of the […]

The post Virgin Atlantic Restructuring Gets the Green-Light appeared first on Airways Magazine.

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