Virgin Atlantic completes sale and leaseback of two Boeing 787s

LONDON – Virgin Atlantic said on Friday it had completed the sale and leaseback of two Boeing 787s as part of a plan to strengthen its balance sheet.

The deal with Griffin Global Asset Management to raise just over $230 million from the two planes will enable it to repay a loan taken on as part of its rescue deal last year.

© Reuters, aero.uk | 15/01/2021 11:09

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