Virgin Atlantic looks for multi-million state aid package

Virgin Atlantic is widely expected to ask the UK government for an aid package worth several hundred million pounds as it attempts to battle the Covid 19 crisis. If so, Virgin would be the first UK airline to apply for state aid, after the country’s finance minister last week decline to set-out specific help for the aviation sector in his Covid 19 stimulus package. While Richard Branson has pledged to inject $250 million into the Virgin Group, with the majority of the cash earmarked for the airline it has been hard hit by a long-haul business model which has been