The Government is not going to invest in a dying venture.
It could be argued that due to COVID-19, most airlines around the world are dying ventures and yet most other governments are supporting their nations airlines. Why should Virgin be any different?
This is not normal times , the government need to do what’s best for the future not what’s right for now.
Exactly. Everybody is well aware of how badly managed Virgin was over the previous decade, but that was being turned around and Joyce knows it was.
He is obviously afraid of the transformation at Virgin but taking advantage of a worldwide crisis to try and destroy a competitor, as well as the livelihoods of the employees is abhorrent and despicable, yet not surprising from someone of such limited moral fibre.