LONDON: Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline's founder Richard Branson said on Monday.
"This would be in the form of a commercial loan – it wouldn’t be free money and the airline would pay it back." Branson, a billionaire, has come under fire from opposition Labour party politicians for asking for support at a time when Virgin Atlantic employees have taken a temporary wage reduction and much of the economy has ground to a halt.Virgin Atlantic staff have taken a wage cut for eight weeks, which Branson said was a"virtually unanimous" decision by employees and not forced upon them by management.
No they won’t. He is worth over 4 billion pounds. He can lend them the money.
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