Billionaire Richard Branson asked for money for his airlines
Virgin Group owner billionaire Richard Branson has asked the governments of Australia and the UK to give loans to support his two airlines.
The document notes that its current state, according to the pre-crisis assessment of the Virgin Group, is $ 4.4 billion. Currently, $ 0.5 billion has been spent on supporting the business in order not to fire employees. But these funds are clearly not enough with our own Richard Branson will not manage his assets, so he needs government support for Virgin Australia and Virgin Atlantic.
According to Bloomberg, the Australian authorities have already refused, and Britain is still thinking.