Virgin Atlantic airline files for US bankruptcy protection

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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Richard Branson’s Team Dismiss Bankruptcy Reports – It’s All Part Of The Plan, Says Virgin AtlanticSir Richard Branson’s Virgin Group has moved to deny reports his Virgin Atlantic airline has filed for bankruptcy, as widely reported in the U.K. media. ?! Well you cant say he doesn't have great foresight in the future. A guy to watch out for. Never take financial advice from people who have less than yourself, Branson has more than myself and whoever wrote this story....
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Virgin Atlantic files for bankruptcy in the USCNN News, delivered. Select from our newsletters below and enter your email to subscribe. Ooof. It was inevitable. Maybe though Sir Richard can ask the British Virgin Islands for a bailout as that is where he is based. virgin
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Virgin Atlantic airline files for US bankruptcy protectionNEW YORK (AP) — Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is... isn’t he being shot into space? Oh man poor Richard he’s gonna lose everyth- hahaha never mind he’ll somehow get richer because of it.
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Virgin Atlantic Airways seeks U.S. Chapter 15 bankruptcy protectionVirgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday. Hey guys what have you done with the billions? To bad I like the name. What a mess...how many more? Though it's a good move.
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Virgin Galactic reports another quarterly loss, aiming to fly Richard Branson in early 2021Space tourism venture Virgin Galactic reported second quarter results after the bell on Monday. It’s a p o s ok bullish bullish
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What is Chapter 15 bankruptcy? Virgin Atlantic explained - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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