Home Stock Market Virgin Atlantic completes $230 million sale and leaseback of two Boeing 787s...

Virgin Atlantic completes $230 million sale and leaseback of two Boeing 787s By Reuters

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© Reuters. Outbreak of the coronavirus illness (COVID-19) in Manchester

LONDON (Reuters) – British airline Virgin Atlantic mentioned on Friday it had accomplished the sale and leaseback of two Boeing (NYSE:) 787s as a part of a plan to strengthen its stability sheet.

The take care of Griffin International Asset Administration to lift simply over $230 million from the 2 planes will allow it to repay a mortgage taken on as a part of its rescue deal final yr.

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