Sunday, April 14, 2024
Sunday, April 14, 2024
Sunday, April 14, 2024

Virgin Atlantic Files for Bankruptcy Due to COVID-19

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Virgin Atlantic billionaire owner Richard Branson’s wings were clipped for the second time this year after filing for bankruptcy as the industry continues to be ravaged by the coronavirus pandemic, Your Content is learning.

Virgin Group’s decision to file for Chapter 15 bankruptcy in New York on Tuesday marks the latest business casualty for the airline industry.

This comes after Virgin Australia filed for voluntary administration in Australia back in April, according to the Wall Street Journal.

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