Richard Branson warns Virgin Atlantic will go bust without £500m bailout – but offers £80m Necker island as collateral

VIRGIN Atlantic boss Sir Richard Branson has warned the future of his airline hangs in the balance unless it receives a multi-million pound government bailout.

The Virgin Group chief is thought to be asking for a £500million loan funded by public cash to help keep the airline alive.

https://www.thesun.co.uk/money/11437276/richard-branson-virgin-atlantic-bailout-money/