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Virgin Atlantic could run out of liquidity by September

One of the company's lawyers reported this in court

Not a penny: it's not encouraging the prospect that could be closely related to the carrier Virgin Atlantic Airways Limited, according to reports in court this morning by David Allison, lawyer of the company controlled by the holding company Virgin Atlantic Limited. By September 28 there may be no more cash in the airline's coffers, unless there is timely approval of the rescue plan. The aid...

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AVIONEWS - World Aeronautical Press Agency
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