News / Virgin Atlantic Cargo takes off for Milan and Pakistan as rescue package is agreed

Virgin Atlantic is set to introduce flights to Milan and Pakistan, as creditors back a £1.2bn rescue package.

The cash-strapped airline was unable to access UK government support at the height of the Covid-19 crisis, when travel restrictions led to a three-month hiatus in passenger flights.

As a result, a restructuring plan was put in place in July, which finally received backing from creditors and shareholders on Tuesday, after the airline had warned it risked running out of cash by late September.

Cargo-only ...