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Virgin Atlantic's $1.6 billion rescue approved by U.K. court

from Yahoo Finance

Virgin Atlantic's $1.6 billion rescue approved by U.K. court Yahoo Finance Virgin Atlantic Airways Ltd. has secured backing from a U.K. court for a 1.2 billion-pound ($1.6 billion) rescue package that will keep billionaire Richard Branson’s airline afloat amid the coronavirus pandemic’s ravaging of the travel industry. READ MORE

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