Coronavirus: Virgin Atlantic finalises £1.2bn rescue deal

Coronavirus: Virgin Atlantic finalises £1.2bn rescue deal

Image copyright Getty Images Image caption Virgin Atlantic saw passenger numbers slump as countries closed borders and brought in travel bans

Troubled airline Virgin Atlantic has finalised a rescue deal worth £1.2bn.

The package includes support from its main shareholder, Virgin Group, and loans from outside investors.

It also includes deferring hundreds of millions of pounds owed both to…

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