Investment company: UK reports on investor search for British airline operating in Israel as well • Unclear how many are due • Deadline before collapse: End of May

Colored billionaire Sir Richard Branson, who visited Israel late last year on the launch of his new airline, Virgin Atlantic, announced that he was looking for a buyer for the company. According to the Telegraph, Branson is looking to find an investor due to the difficult financial difficulties she faces in facing the Corona Challenge.

Branson also set a deadline for finding the investor by the end of May. If a buyer is not found, there is concern that the British airline, which has only recently started direct flights on the London-Tel Aviv line, may collapse.

Negotiations with the UK government involving £ 500m aid have been shelved and the company is now seeking a private investor. It is unclear how many percent of the company wants Branson to sell, but it is reportedly the company's last chance to survive the Corona Challenge.

Last weekend, the company announced that it would also resume operations in Israel in the coming days. In the first phase, it will only be cargo flights, but later, depending on developments and the rate of virus spread, Virgin Atlantic may appear to operate passenger flights in the London-Tel Aviv line, depending on the economic situation of British society.

Another British company that put Tel Aviv on its flight schedule is British Airways, which according to the new schedule is scheduled to return to activity on the London-Tel Aviv line as of June 1st. Weiz Ir also announced that it will resume its flights on this line and the Vienna-Tel Aviv line as early as Friday. Other companies have already announced the resumption of activity in Israel, but at present, the law that does not allow tourists to enter the country and requires a two-week isolation for Israelis returning to Israel may hurt the plans.