April 18, 2024
Sir Richard
Branson has complained about having to sell his US airline – even though
it will make him more than $786 million (£550 million).
The
head of Virgin Group said that he felt ‘sadness’ after Virgin America
was bought by Alaska Airlines under a $2.6 billion deal (£1.8 billion).
The
companies put the transaction’s value at about $4 billion, since Alaska
will also be taking on Virgin America’s debt and aircraft operating
leases.
Poor Richard: Sir Richard Branson, pictured last month in London,  has complained about having to sell his US airline - even though it will make him more than $786 million

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