Richard Branson warns Virgin Atlantic will collapse without Government support as he defends himself over bailout backlash


 

He has been quarantining on his 150 foot ocean going yacht.

(From The Evening Standard)

In an open letter to staff, published on Monday, Sir Richard said this period was “the most challenging time” he has ever faced during his five decades in business.

It comes after he faced intense criticism for trying to convince ministers to give Virgin Atlantic a £500m bailout to help it survive the economic fallout from the pandemic.

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Reprinted from: https://www.ac2news.com/2020/04/richard-branson-warns-virgin-atlantic-will-collapse-without-government-support-as-he-defends-himself-over-bailout-backlash/

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