Virgin Atlantic‘s founder, Sir Richard Branson, has revealed that the airline could be facing imminent collapse, unless a government lifeline is extended. In an open letter to employees of Virgin Atlantic, and the now-collapsed Virgin Australia, Branson said that survival of Virgin Atlantic was vital to provide competition to the UK flag-carrier British Airways. “Virgin Atlantic started with one plane 36 years ago. Over those years it has created real competition for British Airways, which must remain fierce for the … Continue reading Virgin Atlantic Could Face Imminent Collapse Without Government Loan