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" ... At the opposite end of its lifecycle, Virgin Australia airline, which plunged into administration in late April, could also see investment from Branson in the recapitialization and recovery of the Aussie fleet. The price of getting the beleaguered airline could cost Branson over $69 million (USD). Branson’s 10% stake in Virgin Australia has been wiped by the administration process but Virgin Group CEO Josh Bayliss made it clear it wasn’t over for Branson in Australia in late April he said that Virgin Group would work with the administrators, investors and government, “to ensure that Australia maintains two airlines." ... "