Richard Branson said in a letter to staff Monday posted online that he’s doing everything possible to keep Virgin Atlantic Airways Ltd.
going British billionaire Richard Branson said his airlines in the U.K. and Australia won’t survive the coronavirus crisis without state support, and that his Virgin Group lacks the resources to see them through the pandemic.
Branson said in a letter to staff Monday posted online that he’s doing everything possible to keep Virgin Atlantic Airways Ltd.
going. It needs a U.K.-backed commercial loan to ride out the crisis, while Virgin Australia is “fighting to survive," he said.