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On 21 September 2006, Branson pledged to invest the profits of Virgin Atlantic and Virgin Trains in research for environmentally-friendly fuels. The investment is estimated to be worth $3 billion. [57] [58] On 4 July 2006, Branson sold his Virgin Mobile company to UK cable TV, broadband, and telephone company NTL:Telewest for £900 million.
Virgin Atlantic, a trading name of Virgin Atlantic Airways Limited and Virgin Atlantic International Limited, is a British airline with its head office in Crawley, West Sussex, England. The airline was established in 1984 as British Atlantic Airways , and was originally planned by its co-founders Randolph Fields and Alan Hellary to fly between ...
Virgin Group [1] is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however, Virgin's business and trading activities date back to the 1970s. The net worth of Virgin Group ...
Branson is best known as the co-founder of the Virgin Group, which owns a massive portfolio of businesses, including in hotels, radio stations, airlines and even commercial space flight.
Virgin Atlantic, founded by billionaire Richard Branson, is 51% owned by Branson's Virgin Group with the balance held by Delta Air Lines. Trans-Atlantic travel restart means the world to Virgin ...
1983 – Virgin Vision, later to become Virgin Communications, is formed to distribute films and videos in the television and broadcasting sector. [3] 1983 – Virgin Games is launched. 1984 – Virgin Atlantic and Virgin Cargo are launched. [1] 1984 – Virgin Vision (launched the previous year) launches "Music Box", a 24-hour satellite music ...
Virgin Atlantic was one of the interested parties, it had said. Virgin Atlantic, founded by billionaire Richard Branson, has a trading and codeshare relationship with Flybe, and in November it ...
Formerly Virgin Atlantic's vice-president of customer services, he was appointed as managing director of Virgin Atlantic in April 1998. [1] He became Chief Executive in October 2001. He announced his retirement as CEO of Virgin Atlantic on 10 September 2012, and left the company on 1 February 2013.