Originally Posted by
A320baby
Most of the media coverage I've seen looks to be about Richard Branson, but it feels like lazy journalism. Surely it's not about him, it's about saving 8,571 jobs which contribute £407m directly into the UK economy and a further £867.6m in tax to HMRC.
Australia is going through this exact same thing with virgin australia going going into voluntary admin, they are 20% etihad, 20% SAL, 20% Nashan 20% another chinese group, 10% branson. Haven't made a profit in 8 years. Requested a 1,4 billion loan from australian govt. We have the same decision to make prop up foreign owned airline that has makes no money but employees 10K australians or let it die and see what takes over