Richard Branson News

Virgin Atlantic rallies against IAG’s BMI takeover

Virgin Atlantic rallies against IAG’s BMI takeover

16th Apr 2012 Airline News

Virgin Atlantic is set to appeal against the European Commission’s decision to allow IAG, BA’s parent company, to acquire BMI for £172.5m. Virgin boss Sir Richard Branson claims that the deal, which gained regulatory approval on 30 March, could damage the aviation industry for years to come.

Branson calls for greater focus on green energy

10th Oct 2011 Tourism News

Sir Richard Branson has said the world faces “the mother of all recessions” unless much more is done to encourage the development of renewable energy. Addressing delegates at the third annual Six Senses Slow Life Symposium at Soneva Fushi in the Maldives, the founder and chairman of the Virgin Group said governments had to provide additional incentives to support the adoption of alternative fuel sources.

Richard Branson’s Virgin Atlantic urges APD rethink

Richard Branson’s Virgin Atlantic urges APD rethink

17th Jun 2011 Airline News

Passengers could be paying an extra £1 billion a year in increased Air Passenger Duty, Sir Richard Branson’s airline Virgin Atlantic has warned. The carrier said APD raised £2 billion in 2010 but that this figure could rise to £3 billion a year under new government proposals.

Virgin Galactic takes one step closer to reality

Virgin Galactic takes one step closer to reality

Richard Branson’s commercial space venture Virgin Galactic has taken a key step closer to taking tourists into space. Test pilots have flown the spacecraft softly back the Earth’s atmosphere from space. The achievement is fundamental to reducing wear and tear on the rocket, so it can reach achieve the goal of making several flights per day.