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…
Is there a future for Virgin Australia? That’s the question now that the company has filed for voluntary administration on April 21 and is seeking investors who are confident enough to continue with the 20-year-old airline. For the moment, the…
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…
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,…
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Today it emerged that Qatar Airways has bought another stake in an airline. This time it spent $662m on a near 10% stake in Cathay Pacific. The move by the airline follows a pattern as the table illustrates. We can…