Virgin Atlantic (Airline) going bankrupt

[ano]

Not good news.

https://www.cnn.com/2020/08/04/business/virgin-atlantic-bankruptcy/index.html

Edited August 5, 2020 by ano

[garymfreedman]

They will recover----Everyone is filing bankruptcy, or will be---:)

[ano]

 

48 minutes ago, garymfreedman said:

They will recover----Everyone is filing bankruptcy, or will be---:)

Some will, some won't. 

[nigelc]

13 hours ago, garymfreedman said:

They will recover----Everyone is filing bankruptcy, or will be---:)

 

Poor old Richard, he has lost his Virgin Trains in the UK, Virgin Atlantic airline in Australia and now it looks like his Virgin Atlantic airline in the UK is going. Given that Virgin Voyages has not even had one paying guest on it yet, how long can that enterprise survive?  

[ownedbypets]

1 hour ago, nigelc said:

 

Poor old Richard, he has lost his Virgin Trains in the UK, Virgin Atlantic airline in Australia and now it looks like his Virgin Atlantic airline in the UK is going. Given that Virgin Voyages has not even had one paying guest on it yet, how long can that enterprise survive?  

 Bain Capital has a lot invested so hopefully they can keep it afloat.

[aimee0715]

I hope they recover.  We flew home from London on Virgin Atlantic in first class (which they call "upper class") and it was really top notch from start to finish.  The most impressive flight experience I have ever had. That experience was one of the things that made me so excited to see what he could do with a cruise ship. 

[gkbiiii]

Virgin Trains in Miami is gone too, makes you wonder about his LV casino?

[Biker19]

On 11/23/2020 at 4:46 AM, gkbiiii said:

Virgin Trains in Miami is gone too, makes you wonder about his LV casino?

The marketing of the Brightline train with the Virgin name is gone, but the Brightline trains themselves remain.

[gkbiiii]

On 11/24/2020 at 5:00 AM, Biker19 said:

The marketing of the Brightline train with the Virgin name is gone, but the Brightline trains themselves remain.

Branson didn't pay them, he must be out of cash.