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Virgin Atlantic’s creditors will vote on a £1.2bn (US$1.6bn) rescue plan on Tuesday in a crucial test of the airline’s ability to survive in an industry devastated by the Covid-19 pandemic, Reuters reports.
Virgin Atlantic agreed the deal with shareholders and creditors in July to secure its future beyond the coronavirus crisis.
The airline, which is 51% owned by Richard Branson’s Virgin Group and 49% by US airline Delta, said it remains confident in the restructuring plan and is on track to finalise its solvent recapitalisation in the first week of September.
In the UK, stress and exhaustion from the Covid-19 crisis threaten to intensify burnout among women working in the NHS just as it prepares to resume most services, according to a survey that has prompted calls for greater support for female staff.
The pandemic had amplified alleged bullying, sexism and racism on the part of managers, , some workers also warned, while 26% of women said they did not feel safe sharing personal concerns with their boss.
Related: Survey of female NHS staff raises concerns over burnout in pandemic
Continue reading...from The Guardian https://ift.tt/3goRoOD
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