Virgin Atlantic Not Down and Out – Yet?

With no cash in hand, Virgin Atlantic — one of the best carriers flying international routes — was saved at the last minute by a big US Hedge Fund group with a cash infusion of $1.6 billion US $$$$’s! And that’s good news — 45% of the carriers work force has been laid off — so hopefully a much smaller carrier will weather the COVID storm awaiting international travel to take off? Let’s hope so!!!