Also looks like the £400M in payment deferral for VS was part of a larger £1.2B rescue package they announced this morning. £400M in deferrals from both DL and Virgin Group, £200M in new capital for Virgin Group/Branson, and £170M from hedge fund Davidson Kemper. A separate FT article (not linked here) states that this rescue package "will help secure the grounded airline’s future for the next five years after months of negotiating with shareholders and private investors."
That's good news for DL even if comes with a £400M payment deferral.
https://www.marketwatch.com/story/vi...ort-2020-07-14