Virgin Atlantic's board remains in discussions with the government and private investors about providing new capital that would allow the company to implement its restructuring plans.
Directors in boardrooms across Britain are wrestling with the impact of the coronavirus pandemic, with little expectation that Sunday's announcement by Boris Johnson will offer optimism about their recovery prospects. The company recently received a capital injection amounting to more than $100m from Sir Richard's Virgin Group.
Sir Richard recently made an impassioned defence of his group's financial affairs, warning that the transatlantic airline he founded in the 1980s was likely to collapse without government support.
So your telling me, between the ‘millionaires’ that own this company they could not raise this amount of money to save it themselves!
Is that all well he’s worth trillions so that’s only back pocket change for him then
Hope he goes bust!!
He didn’t save Virgin Australia and has lost thousands of jobs for Australians / let him go under !
He should pay his capital taxes
Going bust ! wants a bail out hundreds maybe thousands out of pocket sell a island instead another fat cat always taking never giving !
Message for you -
Tell Mr Entrepreneur to f--- off. What comes around😂😂😂😊😊😂
The compensation money from the NHS is a start
Use your own money or ask delta airlines. You don’t pay any uk tax you don’t deserve any money from the uk
Jog on! 👍
Let virgin go under. Wasn’t it Branson that sued the NHS. Can’t see giving a penny to fund them so why should us tax payers pay to get him out of his mess
So if they don't get it - Hasta la vista baby 🇬🇧🏴🇨🇦
mattremains I feel sorry for the employees. But Branson could pay them all off without barely a dent in his money pile. Maybe Space travel isn't top of the list right now - in fact, it's right at the bottom of things to do.
If Branson is worth $4.4 billion why can’t he bail out his own Company ?.
Cidersidd
If it dies it dies. Why can't his tax haven bail him out?
Just a thought richardbranson lend the fucking business 500m out of your 5bn. It’s not rocket science and what many small business owners have already done to stay solvent.
let virgins sink . the flights i have had been rubbish. sorry about the staff. but branson pays no tax in this country. and the staff will pick up jobs . as soon as the industry picks up
Oh dear how sad what a shame
Ok.