Branson to sell $500m space venture stake to support Virgin Atlantic

Sir Richard Branson aims to shore up his airline and travel interests hit by the coronavirus global travel shutdown by selling $500 million in Virgin Galactic shares. Virgin Group told the New York Stock Exchange it planned to sell 25 million shares in the space tourism venture in a series of transactions. The company said:Continue reading “Branson to sell $500m space venture stake to support Virgin Atlantic”

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Virgin Rolls Out Entertainment Program for Scarlet Lady

Virgin Voyages today announced that the Scarlet Lady will feature a festival of choice in entertainment made up of bespoke intimate and authentic Events & Gigs created exclusively for Virgin Voyages with the goal of providing guests with an alternative perspective on the world and play that ignites the spirit within, according to a preparedContinue reading “Virgin Rolls Out Entertainment Program for Scarlet Lady”

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Branson: ‘Cruise lines will copy Virgin Voyages’

Sir Richard Branson predicted other cruise lines will copy Virgin Voyages in “five to six years” time. Asked how he thought Virgin would be viewed by competitors, he referenced BA’s “dirty tricks” campaign against Virgin Atlantic in the 1990s when competition between the two airlines was at its most heated. “Competition is always good inContinue reading “Branson: ‘Cruise lines will copy Virgin Voyages’”

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