UK Airline Virgin Atlantic seeks $9.2B emergency bailout saying it risks the loss of tens of thousands of jobs
A Virgin Atlantic Boeing 747-400, with Tail Number G-VROC, lands at San Francisco International Airport, San Francisco, California, April 16, 2015.
Virgin Atlantic’s chairman Peter Norris will write to British Prime Minister Boris Johnson on Monday saying the country’s airline industry needs emergency government support worth $9.2 billion or risks the loss of tens of thousands of jobs, Sky News reported on Saturday. The letter would ask the British government to provide airlines with a credit facility to help them through a potentially prolonged period of slumping revenue amid the coronavirus pandemic, Sky News said, citing sources.
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