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Home » Tag Archives: Virgin Atlantic Bankruptcy

Tag Archives: Virgin Atlantic Bankruptcy

Virgin Atlantic files for bankruptcy as pandemic devastates airline industry

Airplane tail. Virgin logo

REUTERS, AUGUST 4, 2020 Virgin Atlantic declares bankruptcy after cutting over 3,000 jobs WASHINGTON/LONDON (Reuters) – Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday. Virgin Atlantic’s filing in U.S. …

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