Yesterday Virgin also filed action in a British court, where Virgin Atlantic obtained approval to convene meetings of affected creditors to vote on the plan on August 25.
An airline spokeswoman said the restructuring plan was before a British court “to secure approval from all relevant creditors before implementation.” She added the “process is proceeding with the support of the majority of our creditors.”
According to reports Virgin Atlantic told a London court it could run of money in September if a restructuring deal is not approved.
Early on in the coronavirus crisis Sir Richard Branson had asked the government for help.
