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Virgin Atlantic could ‘run out of money altogether' by September

1 month ago   |   By Metro

Virgin Atlantic is waiting for a £1.2 billion rescue package to be approved by creditors
Virgin Atlantic could run out of money by the end of September if a £1.2 billion bailout package is not approved, a court has heard.
Without a restructuring and injection of new cash, it's feared the airline's cash flow would drop to ‘critical levels' by the middle of next month and ‘run out of money altogether' by September 28.
The airline unveiled a restructuring plan to secure its future, involving only private funds, just last month, with the proposal needing approval from creditors under a...
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Virgin Atlantic could 'run out of money altogether' as soon as next month

Virgin Atlantic could 'run out of money altogether' as soon as next month

1 month ago   |   By The Mirror

Airline Virgin Atlantic has said it could run out of money by September 28 if its bailout package isn't approved in time, a court has heard, as cashflow hits 'critical levels'
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Virgin Atlantic could ‘run out of money' by end of September

Virgin Atlantic could ‘run out of money' by end of September

1 month ago   |   By Belfast telegraph

Virgin Atlantic could run out of money by the end of September if creditors do not approve a £1.2 billion bailout package, a court has heard.
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