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Branson requires UK Federal government bailout to conserve Virgin airlines

Byindianadmin

Apr 21, 2020 #airlines, #Virgin
Branson requires UK Federal government bailout to conserve Virgin airlines

Updated.

April 20, 2020 23: 37:23

Sir Richard Branson has called for Government help to conserve his Virgin airline companies, while warning of the consequences must Virgin Australia collapse.

Bottom line:

  • Sir Richard Branson says Virgin Australia is fighting to survive, and its death would give Qantas “a monopoly of the Australian skies”
  • He suggested his private island might be utilized as collateral for a government loan
  • Sir Richard refuted claims he ought to be offering more of his own finance to Virgin airline companies stating his we

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