Showing posts with label Billionaire Richard Branson. Show all posts
Showing posts with label Billionaire Richard Branson. Show all posts

Tuesday, April 5, 2016

Virgin Atlantic Billionaire Richard Branson 'feels sadness' over selling his airline Billionaire Richard Branson 'feels sadness' over selling his airline

Sir Richard Branson has complained about having to sell his US airline - even though it will make him more than $786 million (£550 million).
The head of Virgin Group said that he felt ‘sadness’ after Virgin America was bought by Alaska Airlines under a $2.6 billion deal (£1.8 billion).
The companies put the transaction's value at about $4 billion, since Alaska will also be taking on Virgin America's debt and aircraft operating leases.
Poor Richard: Sir Richard Branson, pictured last month in London,  has complained about having to sell his US airline - even though it will make him more than $786 million

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