Sir Richard Branson calls for government bailout, warns of repercussions of Virgin Australia collapse

Sir Richard Branson has called for Government assistance to save his Virgin airlines, while warning of the repercussions should Virgin Australia collapse.

Virgin Australia is on the brink of entering voluntary administration with requests for a $1.4 billion bailout from the Federal Government unlikely to be granted, while Virgin Atlantic faces a similarly uncertain future.

In an open letter to Virgin employees, Sir Richard said Virgin Atlantic “will need government support” to keep the…