Will Sir Richard Branson Have to Sacrifice Virgin Galactic to Save Virgin Atlantic?
Sir Richard Branson's Virgin empire is in trouble. Last month, in a blog post that verged on desperation, Britain's most famous billionaire begged the British government for a bailout of his Virgin Atlantic commercial airline. A "devastating ... pandemic" had dried up demand for air travel and grounded much of Virgin Atlantic's fleet, posing an "unprecedented crisis" for the discount airline.