FILE - In this June 16. 2011, file photo, Richard Branson, president of Virgin Atlantic Airways, attends a news conference in Miami Beach, Fla. Branson announced that Virgin was starting flights between London and Cancun, Mexico. Virgin Atlantic, the airline founded by British businessman Branson, filed Tuesday, Aug. 4, 2020, for relief from creditors as the virus pandemic hammers the airline industry. The airline made the filing in U.S.
to carry out a restructuring plan that the airline announced last month. The process is supported by a majority of the airline's creditors, and the company hopes to emerge from the process in September, she said. Branson appealed to the British government for financial help earlier this year — even saying that he would pledge his Caribbean island resort as collateral for a loan — but was rebuffed.
, Latam and Avianca, and by Mexico’s Aeromexico since the start of the pandemic. Virgin's sister airline Virgin Australia filed for protection from creditors in its home country in April.
If RB looking this God bless others. Second dangerous wave of pandemic is coming.
I guess we’ll B seeing Branson working at Burger King next yr.
Curious about the origins of that name—Virgin Atlantic.
Piece of 💩💩💩💩💩
Why wouldn't he sell his island and other things, too bail his own ass out. He doesn't even live here. Does he pay taxes in America? I don't think he does. He shouldn't be allowed to file anything here. File where you live. England..
Time to find another adventure, hook up with Elon for Space travel
No money for this criminal
Let it collapse. If he didn't save for a worse case scenario then the government shouldn't be expected to save him.
Mr Trump, reopen this Country! POTUS realDonaldTrump
Oh yes! My heart bleeds for Billionaires That need to declare corporate bankruptcy so as not to pay their bills Humpty Trumpty has that down to a science Shame Sir Richard needs to follow such an example
Gee....... Who should I dig up ? ................these 2 guys or Branson with Obama.......... (Things are getting a tab bit sticky over here....)
From riches to beggars.🤠
Should have sold Virgin Atlantic to Alaska too...
Ask Donald J Trump for some money, he says he's rich and he doesn't need any money so he gave back his paycheck to the government, but never proved it. I'm sure he can ask the Russians to give you a loan.
Why should the public pay for his capitalism errors
What? They didn't have six months saving socked away in case of an emergency?!
Pay your debts
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Source: CNBC - 🏆 12. / 72 Read more »