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Forum: Airlines, Airports & Routes

27th Jul 2017, 22:24

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

Branson has sold part of his shareholding to...

Branson has sold part of his shareholding to AF/KLM. He (or "Virgin Group") owned the 31% of the company that has changed hands, therefore the £220m went from AF/KLM's bank account to Branson's bank...

Forum: Airlines, Airports & Routes

27th Jul 2017, 20:48

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

SQ buying 49% share, I understand resulted in...

SQ buying 49% share, I understand resulted in Branson putting (some of?) the proceeds into the business to buy the Airbus fleet, but how does DL buying SQ's share result in a "cash injection"? or...

Forum: Airlines, Airports & Routes

27th Jul 2017, 18:30

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

I thought that the rules regarding foreign...

I thought that the rules regarding foreign ownership (under EU rules) was that "effective control" had to be held by EU ownership. i.e. Air france/KLM cannot buy a share and rubber stamp Delta...

Forum: Airlines, Airports & Routes

27th Dec 2014, 11:24

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

I stand to be corrected, but the 49% rule is only...

I stand to be corrected, but the 49% rule is only there for reasons of cabotage.

A US company can buy out an EU company in other industries, but in aviation, it is impossible because under the...

Forum: Airlines, Airports & Routes

27th Dec 2014, 09:55

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

If Virgin wanted to restructure itself into a...

If Virgin wanted to restructure itself into a shape that allows Delta to buy it out, it would have to terminate UK domestic operations (done), terminate UK to non US destinations (still WIP but...

Forum: Airlines, Airports & Routes

7th Sep 2014, 14:15

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

When BA/AA got regulatory approval to coordinate...

When BA/AA got regulatory approval to coordinate their flights from Heathrow to the US, Branson publicly stated that VA couldn't compete with them, that it was game over for VA and asked Deutchesbank...

Forum: Airlines, Airports & Routes

7th Sep 2014, 09:06

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

Hardly surprising. The only real question is...

Hardly surprising. The only real question is when does the "Delta UK" rebrand occur with Branson getting kneed in the groin by Willie?

Would "Delta UK" keep the beach fleet?

Forum: Airlines, Airports & Routes

23rd Oct 2012, 14:19

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

Just how bad is it at Virgin? Branson tries...

Just how bad is it at Virgin?

Branson tries and fails to sell up, Ridgeway quits, £80M loss, and now they admit they have got a fleet of aircraft unfit for the modern world.

Forum: Airlines, Airports & Routes

21st Aug 2012, 09:13

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

Big Bear - exactly my take on things. Didn't...

Big Bear - exactly my take on things. Didn't know about the leased slot issue, but I assumed it was a move to try to convince the regulators that they are "serious" about short haul.

Get the 12...

Forum: Airlines, Airports & Routes

13th Jul 2012, 09:39

Replies: 926

Virgin Atlantic

Views: 407,335

Posted By Artie Fufkin

If Virgin gets hold of the domestic slots, am I...

If Virgin gets hold of the domestic slots, am I right in thinking they only have to run them domestically for a certain period and can then claim the route isn't working and change the slot to a long...

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