Vir­gin At­lantic res­cue to be rub­ber stamped

The Daily Telegraph - Business - - Business -

Vir­gin At­lantic will head to the High Court today, in an at­tempt to clear a sig­nif­i­cant hur­dle in its fight to sur­vive. Cred­i­tors will vote on a £1.2bn plan to re­struc­ture the fi­nances of Sir Richard Bran­son’s air­line. The Gov­ern­ment snubbed a re­quest for help ear­lier this year. It comes as Vir­gin At­lantic of­fered cus­tomers free Covid-19 in­sur­ance.

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