Airline Seeks Strong Safety Protocols To Survive Future Pandemic issues

Virgin Atlantic has announced the completion of the $1.5B private-only solvent recapitalisation of the airline and holiday business. Its Restructuring Plan has now been sanctioned by the English High Court under Part 26A of the UK Companies Act 2006, and formally recognised in the US court. This final step in the legal process paves the way for the Company to continue its efforts to emerge from the Covid-19 crisis a sustainably profitable airline. Achieving this significant milestone reportedly puts Virgin Atlantic in a position to rebuild its balance sheet, restore customer confidence and welcome passengers back to the skies, safely, as soon as they are ready to travel. Howev