2:30 a.m. July 14, 2020
- By Steve Goldstein
Virgin Atlantic to unveil £1.2 billion rescue package: reportVirgin Atlantic Airways is close to unveiling a £1.2 billion ($1.5 billion) rescue package, . Richard Branson's Virgin Group will inject £200 million in cash, while Davidson Kempner, a hedge fund, will lend the company £170 million, the report said. Virgin Group and Delta Air Lines , Virgin Atlantic's two shareholders, will collectively defer approximately £400 million of fees.