Virgin Orbit is cutting "approximately 675 employees" or 85% of its workforce, it said in a Securities and Exchange Commission (SEC) filing on March 30. The cut is "to reduce expenses in light of the company's inability to secure meaningful funding," Virgin Orbit explained in the filing. The headc...
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Aergo Capital acquires nine aircraft worth $250 million
By
Dino D'Amore
12th July 2016