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Tag Archives: Virgin Atlantic

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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