Virgin Holidays is going to be renamed Virgin Atlantic Holidays and close 15% of there retail stores.
They have not stated they are withdrawing all the B747 fleet as some posts have reported.
They have stated as follows, It will no longer use all of its seven 747s, with four A330s retiring in early 2022 as planned.
The way l read it, they are not going to use all seven, but an unknown number for a period of time.