Virgin Australia collapsed into administration; Richard Branson still hopeful about the company
Nabanita Dutta
News Editor
Image Credit: shortpedia
Just a day after founder Richard Branson appealed to the government for help, Virgin Australia has collapsed into administration. Virgin Australia is the first major Asia-pacific airline to succumb to the loss of business due to the COVID19. Founder Richard Branson said that if Virgin Australia disappeared, Qantas would have a monopoly in the Australian skies. However, he said that this is not the end for Virgin Australia.
