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WASHINGTON/LONDON/SYDNEY: Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday.
Billionaire Richard Branson’s space tourism firm Virgin Galactic revealed the interior of its centerpiece space plane on Tuesday, showing off a cabin with new custom seats and a "space mirror" in a virtual tour of what its passengers can expect to experience on flights to the edge of space.
MUMBAI: Indian telecommunications tycoon Sunil Mittal has submitted a bid for OneWeb, the bankrupt satellite firm whose investors include SoftBank Group Corp, people with knowledge of the matter said
BAIN Capital LP agreed to buy collapsed Virgin Australia Holdings Ltd. in one of the biggest single bets on the airline industry since it was shattered by the coronavirus pandemic.
In January, Microsoft pledged to be carbon negative (removing more carbon from the atmosphere than it emits) by 2030.
SYDNEY: Virgin Australia Holdings Ltd’s administrator said it had selected Bain Capital and Cyrus Capital Partners as the final bidders for the country’s second-biggest airline.
India’s biggest carrier weighs a bid for Virgin Australia
LONDON: Virgin Atlantic Airways Ltd will begin pitching to potential investors today as it seeks to avoid collapse with air travel effectively grounded and the UK government reluctant to provide emergency funding, a person with knowledge of the situation said.
LONDON: The coronavirus is muddying the outlook for London’s second-biggest airport.