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Old 26th April 2020, 04:57 PM   #1
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Join Date: 04-Dec-2015
Posts: 194
Default Temasek interested in Virgin Atlantic?

Virgin Atlantic is in trouble in the current crisis, unable to operate flights because people are in lockdown the world over, the UK government are supposedly refusing to help out financially, Itís shareholders are unable to assist (Delta because it is seeking and receiving state aid in the US to survive, Branson because he doesnít have £500m) and the airline lacks the cash to continue after May.

The airline has supposedly been put up for sale, and the Singapore wealth fund are supposedly an interested party.

Any thoughts?

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