Richard Branson: Virgin founder’s net worth gets a boost from Virgin Atlantic’s growth May 19, 2024 Richard Branson has seen his net worth hold steady as growth has returned to his Virgin Group.
Virgin Atlantic Holidays makes first profit since 2018 as luxury travel to Florida and the Caribbean recovers April 19, 2024 Virgin Atlantic Holidays returned to making a profit for the first time since 2018.
Virgin Atlantic forecasts first post-pandemic profit in 2024 April 3, 2024 Virgin Atlantic expects to return to profitability for the first time since the pandemic, after stuggling under a significant debt pile for years.
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Should Britain legalise cannabis? Virgin boss Richard Branson thinks so February 12, 2024 Virgin boss Richard Branson has appealed to the UK government to legalise and regulate cannabis, claiming it would save lives and bring in more tax. The entrepreneur and tycoon penned a heartfelt blog saying the move “makes sense”, and that the efforts to legalise it are ones he has “long supported”. Branson said he backed [...]
Virgin Atlantic chief Shai Weiss: UK ‘short sighted’ on red tape rules for connecting flights November 30, 2023 New red tape imposed on passengers travelling via connecting flights is hurting UK aviation's competitiveness, Virgin Atlantic's boss said
Heathrow: competition regulator says airport charges should be reconsidered after errors made September 9, 2023 The competition regulator has provisionally found that some errors were made in a decision on how much Heathrow Airport can charge airlines. The Competition and Markets Authority (CMA) said it proposes to require aviation regulator the Civil Aviation Authority (CAA) to reconsider certain aspects of its conclusion. In February, the CAA said the cap on [...]
Virgin Atlantic pilots are tired and overworked, union warns as strike threat looms August 7, 2023 Virgin Atlantic pilots are tired and overworked, according to a survey by the UK’s pilots union, with over three quarters of the airline’s pilots saying they had flown with a tired colleague who was “clearly not fit to fly”. Over 88 per cent of the 900 pilots surveyed by British Airline Pilots’ Association (BALPA) had [...]
Virgin Galactic is set to fly tourists to the stars – but can space tourism become more than a hobby for the super rich? August 7, 2023 Richard Branson’s Virgin Galactic is set to launch its first tourists to space on Thursday this week. The Galactic 02 mission, which follows the successful launch of the companies’ first commercial flight in June, will carry three paying customers – an 80-year old Olympian and a Caribbean mother-daughter duo. Launching from Spaceport America in New [...]
Virgin Atlantic pilot strike action up in the air amid fatigue row August 6, 2023 Virgin Atlantic is heading into turbulence pilots are revving up for a potential strike later this year, demanding an end to the pandemic changes that aimed to rescue the airline from bankruptcy. British Airline Pilots’ Association (Balpa), the union representing the pilots, has raised “serious concerns” about pilot fatigue and wellbeing as 96 per cent [...]