Richard Branson’s Virgin Atlantic plans stock market listing

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Move is airline’s attempt to shore up balance sheet after £659m loss due to Covid pandemic

The British airline Virgin Atlantic is considering raising funds on theThe listing, which is expected to be announced in the autumn, is likely to see the billionaire Sirrelinquish overall control of the business. His Virgin Group currently owns 51% of the airline with the US-based Delta Air Lines owning the rest.

 

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He’s an arse . Time to start calling him out

Can’t afford to keep it going so demands government bale out but yet can funds his space company that just sent him up there. Does he think we’re that stupid?, really

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Branson's Virgin Atlantic considers stock market listingThe move could see Sir Richard Branson lose overall control of the airline he founded. Shares going to the moon? Money raising by nearly bankrupt airline - no, thanks. Yes, I’ve screwed this country and may do a bit more,so let’s give him more. Like when he’ll freezes over,mind with climate change that he personally has contributed to,that may be not too far off….
Source: BBCNews - 🏆 3. / 97 Read more »

Virgin Atlantic takes flight with surprise plot to land on London stock marketAn initial public offering of Virgin Atlantic shares is likely to see Sir Richard Branson's stake in the airline he founded in 1984 falling below 50% for the first time, Sky News learns. It's not a Surprise now is it The same guy who asked for a government bailout while flying to space ☹️ If you are looking for tips for travel in London on a budget then this list is your best bet. London is by no means a cheap city to travel in and many travellers who want to travel on a budget are unable to do so. Here are some tips for travel in London
Source: SkyNews - 🏆 35. / 67 Read more »