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Virgin Atlantic cuts 3.150 jobs – future still uncertain

Remember Virgin Atlantic’s bold plans for aggressive long-haul and short-haul growth, with aspirations to become the second national airline from London Heathrow? While they are only eight months old, you will find them somewhere in a trash bin. Hit hard by the...

Virgin Group keeps majority share in Virgin Atlantic (update 12/4)

UK’s Virgin Atlantic is set to retain its majority-share by parent company Virgin Group after all. In a letter to his employees on December 2, president and non-executive director Richard Branson said Virgin Group is to keep its 51 percent-share with Air France-KLM to...

How realistic is Virgin Atlantic’s growth strategy? (update 9/27)

For a moment last week, it seemed we were back in the good old days of young rebel Richard Branson taking on the established Lord King, as Virgin Atlantic tried to end the monopoly of British Airways. Times have changed, Branson has been succeeded by Shai Weiss and...

Flybe rescued by Virgin Atlantic?

Flybe, the largest airline by passenger volume at Birmingham Airport,  confirmed it is in talks with Virgin Atlantic about a potential takeover bid. Earlier this week Flybe announced it was considering a sale of their business. The Virgin news sent Flybe’s shares...