Virgin Atlantic Airlines Files For Bankruptcy

Another airline has filed for bankruptcy as the pandemic wreaks havoc on the air travel industry.

Virgin Atlantic, the airline founded by billionaire Richard Branson, filed for Chapter 15 bankruptcy Tuesday in New York.

More than 3,500 staff have been laid off.

Some experts predict the air travel industry won’t fully recover from the pandemic until 2024.

Source: https://news.sky.com/story/coronavirus-virgin-atlantic-files-for-bankruptcy-in-us-in-fight-for-survival-12042702

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