Virgin is reportedly seeking £500 million in help from the British government. FMTNews
A Virgin Atlantic charter flight lands at Heathrow Airport in London, delivering medical supplies from Shanghai.
Airlines around the world are on the financial ropes as government lockdown orders and border closures have forced them to ground most of their planes. “Without it there won’t be any competition left and hundreds of thousands more jobs will be lost, along with critical connectivity and huge economic value,” the letter went on.British no-frills airline EasyJet recently secured a £600-million loan from the British government, which is dealing with airlines on a case-by-case basis rather than heeding to Virgin’s demand for a multi-billion-pound state-funded pot for the entire UK airline sector.
He added: “Today, the cash we have in the Virgin Group and my personal wealth is being invested across many companies around the world to protect as many jobs as possible, with a big part of that going to Virgin Atlantic.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Branson says Virgin Atlantic will need UK government help to survive | Malay MailLONDON, April 20 — Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline’s founder Richard Branson said today. Virgin Atlantic last month asked the government for emergency financial help in addition to the coronavirus...
Read more »
Branson says Virgin Atlantic will need UK government help to survive | Malay MailLONDON, April 20 — Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline’s founder Richard Branson said today. Virgin Atlantic last month asked the government for emergency financial help in addition to the coronavirus...
Read more »
US condemns arrests of Hong Kong democracy activistsSecretary of State Mike Pompeo says Beijing's actions are inconsistent with their international commitments. FMTNews HongKong
Read more »
Koepka says playing without fans will be 'weird' | Malay MailLOS ANGELES, April 20 ― World number three Brooks Koepka is bracing for a “weird” experience of playing golf tournaments without fans as the US PGA Tour eyes a return to competition in June. “It's going to be so weird, man,” Koepka said on the Pardon My Take sports podcast on the prospect...
Read more »
‘Punish me, not volunteers who help the poor’, says ex-Terengganu MB after allegedly breaching MCO | Malay MailKEMAMAN, April 19 — Terengganu Umno Liaison Committee chairman Datuk Seri Ahmad Said has come to the defence of several volunteers seen taking pictures with Terengganu Mentri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar in an alleged breach of the MCO on Friday. “Punish me if I am found guilty,...
Read more »
Punish me, not volunteers who help the poor, says ex-Terengganu MBKEMAMAN: Terengganu Umno Liaison Committee chairman Datuk Seri Ahmad Said (pix) has come to the defence of several volunteers seen taking pictures wit...
Read more »