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Virgin Atlantic Airline planes in Manchester Airport on June 8. Photo: Oli Scarff/AFP via Getty Images

British airline Virgin Atlantic filed for Chapter 15 bankruptcy on Tuesday as a result of the economic disruption set off by the coronavirus pandemic, Business Insider reports.

Why it matters: This is the second airline belonging to billionaire Richard Branson's Virgin Group to file for bankruptcy protection this year, following Virgin Australia's filing in April.

The bottom line: Delta, which owns 49% of Virgin Atlantic, has made it clear that it will not save the airline from potential bankruptcy restructuring with a cash injection, Insider reports. Virgin Atlantic said it would cut over 3,000 jobs in May.

Go deeper: Airlines' social distancing policies are starting to separate their stock prices

Go deeper

Oct 1, 2020 - Economy & Business

Airlines begin mass layoffs while clinging to hope for federal aid

Photo: Thierry Monasse/Getty Images

American Airlines and United Airlines said they will begin furloughing 32,000 employees Thursday, as federal aid that propped up the industry during the pandemic expires, with no deal in sight for an extension.

Why it matters: As many as 50,000 workers across the industry face immediate job losses unless lawmakers and the White House can agree on a broader pandemic-relief package that includes more federal aid for airlines.

Fringe right plots new attacks out of sight

Illustration: Aïda Amer/Axios

Domestic extremists are using obscure and private corners of the internet to plot new attacks ahead of Inauguration Day. Their plans are also hidden in plain sight, buried in podcasts and online video platforms.

Why it matters: Because law enforcement was caught flat-footed during last week's Capitol siege, researchers and intelligence agencies are paying more attention to online threats that could turn into real-world violence.

Kids’ screen time up 50% during pandemic

Illustration: Sarah Grillo/Axios

When the coronavirus lockdowns started in March, kidstech firm SuperAwesome found that screen time was up 50%. Nearly a year later, that percentage hasn't budged, according to new figures from the firm.

Why it matters: For most parents, pre-pandemic expectations around screen time are no longer realistic. The concern now has shifted from the number of hours in front of screens to the quality of screen time.