Will Sir Richard Branson Take Virgin Atlantic From Bankruptcy To IPO?

Sir Richard Branson is nothing if not resilient. Much of the 70-year-old billionaire’s empire (famously named Virgin as “we were all virgins at business) was on the ropes in 2020 due to COVID-19. But in 2021, Branson not only beat Bezos into space with Virgin Galactic but might take Virgin Atlantic Airways from bankruptcy to IPO.

Virgin Atlantic is one of Branson’s most beloved creations, famously founded in 1982 with a leased Boeing 747. It flew big splashy 747s and later, Boeing 787 Dreamliners and Airbus A350-900 aircraft. But it was hit hard by the pandemic, as its primary route was between the United States and London.

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