Air Traffic Not Visible in VR mode

A very annoying bug, and a longer standing one which is even worse is when flying at night and you don’t see any lights until less than about 5km (or maybe 5nm):

[BUG] Increase distance threshold to see other aircraft navigation and strobe lights at night - Bugs & Issues / Virtual Reality (VR) - Microsoft Flight Simulator Forums

Someone also brought up this question for the next Q&A:

Will you be expanding the default multiplayer model types to be more representative of what is being flown in multiplayer? - Community / Dev Q&A: Ask Questions Here! - Microsoft Flight Simulator Forums