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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 ...
Branson Airport (IATA: BKG, ICAO: KBBG, FAA LID: BBG) is a public use airport located eight nautical miles (15 km) south-southeast of the central business district of Branson, a city in Taney County, Missouri, United States. Branson Airport, LLC is a private company operating the airport through an operating agreement with The Branson Regional ...
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 ...
Below is the transcript of an exclusive CNBC interview with Sir Richard Branson, Virgin Founder, and CNBC's Nancy Hungerford.
Sir Richard Branson is offering to put up his private island, Necker Island, as collateral to save his Virgin Atlantic airline from collapsing. Branson founded the Virgin Group, which operates ...
The "Dirty Tricks" scandal was a series of concerted campaigns by British Airways (BA) in the 1990s seeking to undermine their rival, Virgin Atlantic.Concerned by the prospect of an upcoming challenger, Lord King, Chairman of British Airways, told his chief executive "do something about Branson".
He is remembered for his famous advice to fellow airline entrepreneurs Richard Branson, of Virgin Atlantic, and Stelios Haji-Ioannou, of easyJet, to "sue the bastards", a reference to the bullying tactics of British Airways in trying to force upstarts out of business. Virgin Atlantic had earlier named one of its Boeing 747s The Spirit of Sir ...