Originally Posted by
B772
Virgin to restructure under a different name. This will get rid of Branson and his multi million dollar fee to use the Virgin name.
How much was VA paying Branson annually for rights to the Virgin brand name? I know when it was Virgin Blue it was $1m per tail per yer. But as the airline grew and with the name change to Virgin Australia I believe that fee became much less. Just curious, not looking for an argument.