Virgin Atlantic Reportedly Looking For More Investors
To be clear, Branson isn’t looking to sell Virgin Atlantic entirely. Like almost all airlines that are directly affected by the COVID-19 pandemic, it’s clear that the man is simply looking to increase the number of investors and investments. In order to keep the brand afloat in these fluid times. The task of finding investors is a daunting one, especially when one takes a deep dive into Virgin Atlantic’s profitability; in the last decade, the company has only posted profits 3 times within the last decade, accumulating losses of £211 million (~RM1....