8 result(s) displayed (1 - 8 of 8):
With possible approval around the corner for a deal where British Airways plc and AMR Corp.'s (NYSE:AMR) American Airlines can coordinate flights and schedules across the Atlantic, Virgin founder Richard Branson is stepping up his campaign against the competition. Not only has he plastered Virgin planes with the logo "No...
Posted on August 13, 2009 12:45 PM
It seems Richard Branson is grooming his spaceflight company Virgin Galactic for a future IPO. Forbes reports that a Virgin Group spokesman said that's the aim over time, as it was with Virgin Blue, Virgin Mobile UK and Virgin Mobile USA, which was just sold to Sprint Nextel Corp. (NYSE:S).This...
Posted on July 29, 2009 8:41 AM
Contradicting media reports, Richard Branson's Virgin Group of companies is not bidding for Playboy Enterprises Inc. (NYSE:PLA), which considered an outright sale -- with a possible price tag of $300 million -- in February. Virgin quelled rumors of a deal in an e-mailed statement to Reuters.The famed adult magazine publisher...
Posted on May 28, 2009 3:44 PM
After mounting media speculation, London-based British Airways plc confirmed it was exploring a merger with Australia's Qantas Airways Ltd., via a dual-listed company structure. BA also said it was continuing deal talks with Spain's Iberia Líneas Aéreas de España SA that would create Europe's No. 2 airline.The Qantas announcement comes...
Posted on December 2, 2008 9:31 AM
British airline Virgin Atlantic Airways Ltd. has performed some intriguing aeronautical maneuvers in its time, but its announcement Friday that it is "in talks with easyJet (plc) about the possibility of a bid for Gatwick Airport," seems a little daredevil, even by the standards of its high-flying founder Richard...
Posted on November 14, 2008 9:20 AM
He's lobbied to potential U.S. presidents, and now Richard Branson says he'll put his money where his mouth is. Referring to a deal between British Airways plc and American Airlines seeking antitrust immunity to coordinate flights and schedules across the Atlantic, Branson says he will spend millions of dollars to...
Posted on September 12, 2008 9:46 AM
Dear Sens. Barack Obama and John McCain, "Just because life is tough out there, you shouldn't rid yourself of competition." - Richard Branson, president of Virgin Atlantic Airways.Branson's letter, which he discussed on BBC Radio, to the U.S. presidential candidates is referring to a deal between British Airways plc...
Posted on August 11, 2008 1:50 PM
Brussels Airlines will allow discount-minded leisure and business travellers on intra-European flights to choose between two fares based on the level of service they require.
Posted on April 15, 2007 2:16 AM
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