The British airline Virgin Atlantic was able to agree a 2,3 billion euro rescue package with shareholders, investors and creditors. This should contribute to maintaining the carrier and repositioning it for the future.
The lion's share of the funding is raised by the partners Virgin Group and Delta Air Lines. Many creditors are said to have agreed to postpone payments on loans and other liabilities. At the same time, Virgin Atlantic saves on both staff and fleet. Around 3.500 employees will be cut and the takeover of the new aircraft that has been ordered will be postponed.