Virgin Atlantic set to seal rescue deal after London judge's ruling
Judge Richard Snowden gave the go ahead to the plan, which is aimed at helping the airline survive the coronavirus crisis and which creditors voted in favour of last week
The Virgin Galactic hanger is seen at Mojave airport in Mojave, California November 1, 2014. REUTERS/Lucy Nicholson
Virgin Atlantic's 1.2 billion pound ($1.60 billion) rescue deal is set for completion this week after a London judge sanctioned the airline's restructuring plan in a court hearing on Wednesday.
Judge Richard Snowden gave the go ahead to the plan, which is aimed at helping the airline survive the coronavirus crisis and which creditors voted in favour of last week.
Keep updated, follow The Business Standard's Google news channel
