Today Virgin Atlantic turns 25. There is no way your won't hear about it because SRB has been planning this party for a while. He's rolling out all the big guns. Like standing on a wing with a barely dressed Kate Moss. The press love him as he keeps them busy.
But how's this for a start? "Virgin Atlantic founder Sir Richard Branson has ruled out bailing out troubled British Airways. He distanced himself from media speculation that his airline would attempt to save its loss-making rival if it feel into further difficulty." What?!
SRB was quoted by the BBC as he prepared to mark the 25th anniversary of Virgin Atlantic by retracing the carrier’s first flight from London to New York (Newark). He said BA’s pension burden would prevent Virgin Atlantic from mounting a takeover.
However, SRB says that if BA were to fail, his airline and others would take up the slots at Heathrow that would become available and attempt to lower fares. Call us flabbergasted.
SRB also predicts that first class air travel would disappear due to the recession. What does this man consume that gives him such hubris? Whatever it is, avoid taking it.
In other news --
- More Virgin Atlantic news
- Lufthansa and bmi - what's German for ouch?
- A review of the Global Fighter Market
- LH Brussels Airlines
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