Richard Branson offers his island as collateral as Virgin Atlantic and Virgin Australia face collapse

Virgin Atlantic and Virgin Australia will need government support if they're to survive the economic crisis triggered by the coronavirus pandemic. Billionaire founder Richard Branson said Monday that the airlines need money from the U.K. and Australian governments to keep going "in the face of the severe uncertainty surrounding travel today," including the lack of clarity over how long planes will have to remain grounded.Newsletter sign-up: Get The COVID-19 Brief sent to your inboxIn an open let