Virus-hit airline Virgin Atlantic lands extra finance | Malay Mail

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LONDON, March 15 — Virgin Atlantic, one of many airlines hit hard by coronavirus fallout, has won a further financial boost from shareholders as it prepares to resume passenger flights. Shareholders, including parent Richard Branson-owned Virgin Group, have handed the airline £160 million (RM915...

Shareholders, including parent Richard Branson-owned Virgin Group, have handed the airline £160 million in fresh loans and deferrals, according to a statement. — AFP picLONDON, March 15 — Virgin Atlantic, one of many airlines hit hard by coronavirus fallout, has won a further financial boost from shareholders as it prepares to resume passenger flights.

“We continue to bolster our balance sheet in anticipation of the lifting of international travel restrictions during the second quarter of 2021,” it said.

 

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