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Branson's Virgin brand grew rapidly during the 1980s, as he started the Virgin Atlantic airline and expanded the Virgin Records music label. In 1997, Branson founded the Virgin Rail Group to bid for passenger rail franchises during the privatisation of British Rail.
Apr 2, 2014 · British entrepreneur Richard Branson launched Virgin Records in the early 1970s, eventually building his business into the multinational Virgin Group.
Branson's rocket company Virgin Orbit, which went public in 2021 at a $4 billion valuation, went bankrupt in 2023 and sold its assets.
Jul 13, 2024 · Richard Branson (born July 18, 1950, Shamley Green, Surrey, England) is a British entrepreneur and adventurer, head of Virgin Group Ltd., known for his publicity stunts and also for setting records in powerboat racing and hot-air ballooning.
The airline along with Virgin Holidays is controlled by a holding company, Virgin Atlantic Limited, which is 51% owned by the Virgin Group and 49% by Delta Air Lines. It is administratively separate from other Virgin-branded airlines.
Jul 6, 2024 · At the heart of it all is Sir Richard Branson, the charismatic and adventurous billionaire. Yet, Virgin’s wings spread far beyond Branson’s initial vision, involving a tapestry of stakeholders that make the airline what it is today.
Dec 3, 2019 · Virgin Group is to retain a 51 per cent controlling stake in Virgin Atlantic, under new plans announced by founder Sir Richard Branson. The group had been set to sell a 31 per cent stake in...
Oct 31, 2023 · Once having a 49% share of the airline owned by Singapore Airlines, this was sold to American carrier Delta Air Lines in 2012, looking to create a transatlantic joint venture. Virgin also attempted to sell a further 31% stake to Air France-KLM in 2017.
Jul 5, 2019 · Virgin Atlantic is currently 49% owned by Delta Airlines, with an additional stake of 31% recently acquired by Ai France-KLM. Branson calls Delta “a great partner” in many areas. This includes...
The airline world hadn’t changed much at all and there wasn’t much choice, each country only had its state owned legacy airline. Expensive, with little emphasis on the customers’ needs, if you needed to get somewhere, you only had one airline to choose from.
