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Well...Covid-19 has caught another victim...well kinda. Just a few hours ago, Virgin Atlantic filed for Chapter 15 BUT they became bankrupt in order to finalize a 1.5 billion dollar plan to rescue it from this Covid-19 pandemic. So far, almost all ofthe Virgin group has became bankrupt and they hope that this plan will put them back on track and be immune to aviation industry's worst crisis. Even though it seems like a big risk, putting a whole airline on the line to help them save money, Virgin Atlantic is confident that it will work. However, if the plan fails, we may never see Virgin Atlantic ever again.
Do you think their plan will work?
Comment below!
Image source: CBS news
In case you were wondering, the new Planeopedia Youtube video is my review on X-Plane flight simulator. Im almost done editing it and is looking good for a release this Friday, Saturday or Sunday.
Oh yeah and because I wrote this article, there will most probably not be one tomorrow and the day after
@2020 Planeopedia
Written by: Sohail Sawlani
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