• Virgin's rebel bondholders bail out

    Aug 13, 2020, 04:16 PM

    A Majority of Creditors by Number and/or A majority of Creditors by Value need to pass it.If neither pass then it fails (unlikely).If one then effectively Deliotte has the casting vote.  Deliotte want it to succeed.If both then it succeeds.

  • Virgin's rebel bondholders bail out

    Aug 13, 2020, 03:40 PM

    These would be "Unsecured" Bondholders - I do not like their chances of success Monday as such have already lost out in court in other previous attempts.

  • So, really there's no planned ongoing reduction, just necessary maintenance.With only 5 777, such disruption is generally hard to avoid.

  • "Arguably Singapore's best first class lounge?" I would suggest those with access to Singapore Airlines' "The Private Room" in T3 may disagree.

  • The new access webpage was introduced at the beginning of July - and contained the misinformation referred to. (Footnote of ²)I noticed it has been fixed by August 16th when the footnote had been changed to ¹ .

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