The Lifeboat News
[ Message Archive | The Lifeboat News ]

    Branson is still flying...kites Archived Message

    Posted by Mary on April 26, 2020, 7:40 pm

    'Virgin Atlantic says it is still in talks with the UK government about a coronavirus-related bailout.

    It follows reports in the Sunday Telegraph that billionaire Virgin Group boss Sir Richard Branson is seeking a buyer for the airline.

    Virgin Atlantic said talks were "ongoing and constructive", but added that it is also looking at raising cash from the private sector.

    Many airlines have been struggling as revenues have dropped amid travel bans.

    However, sources at the airline told the BBC that the firm had not set an end of May deadline for finding a buyer.'

    /..
    https://www.bbc.co.uk/news/business-52431290

    As if he will find a buyer.

    Are he and Johnson pals? If so, he might call in a debt or two.

    It looks pretty defunct to me. Little growth if you look at the stats in the table on the link.

    Message Thread:

    • Branson is still flying...kites - Mary April 26, 2020, 7:40 pm