Virgin Atlantic Airline Files For Us Bankruptcy Protection

NEW YORK (AP) — Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry. The airline made the Chapter 15 filing in U.S. federal bankruptcy court in New York after a proceeding in the United Kingdom. A spokeswoman for Virgin Atlantic said the bankruptcy filing is part of a court process in the United Kingdom to carry out a restructuring plan that the airline announced last month.Read more on NewsOK.com

Topics:  york ap     virgin atlantic   british   richard branson   chapter   new york   newsok   a   virgin atlantic   u.s    united   kingdom   protection   court   filing   
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