The airline said “unprecedented market conditions” as a result of the coronavirus pandemic had “severely reduced revenues”.
Sir Richard Branson's airline has reportedly asked for a £500 million government loan to save it from collapse amid the coronavirus crisis.
The Virgin Group boss came under fire after sharing a photo of himself at an event in South Africa, which featured "so many white people".
The British billionaire's gotten into a fair few tricky - and lucky - situations in his time
Tony Blair's former advisor John McTernan says Labour leader should have just said sorry
Labour leader claimed he was forced to sit on the floor on London to Newcastle service