Skip to main content

Virgin Atlantic restructure cleared by high court

Air
James Chapple
2 September 2020

Virgin Atlantic’s £1.2 billion restructuring plan has been cleared by the high court.

Virgin has extended and simplified its flexible booking policy

A final US court hearing will now be held on Thursday (3 September).


Further approval in the US will set the bid up for completion, ending months of uncertainty over the airline’s future.


"Achieving this significant milestone puts Virgin Atlantic in a position to rebuild its balance sheet, restore customer confidence, and welcome passengers back to the skies," said a Virgin spokesperson.