I don't know what's going on but the last thing we need right now in this period of overcapacity and high fuel prices is another airline. I can't think of a worse time to start up an airline.
I was just thinking the exact same thing. I don't know what's going on but the last thing we need right now in this period of overcapacity and high fuel prices is another airline. I can't think of a worse time to start up an airline.
fam62c--No, the last thing AA, UA, Delta...etc. need is for another LCC to start up.
I heard a rumor that Greenwald and Branson are fighting over percentages. Greenwald views this as a "you get out what you put in" situation. Branson views it as "The Virgin brand is a franchise. Without the name, you're just another startup."
Hope they start playing nice soon. I'm not getting any younger, you know. TC
Virgin Atlantic is privately owned .. so if Branson takes home $1m/yr or $500k/yr, it doesn't matter. He can literally use that airline to squash BA if he wants to.
He'll probably use VAtlantic to subsize VAmerica and cause all sorts of trouble. Although I don't know the ownership arrangement of VAmerica .. so I'm just talking outta my azz based on VAtlantic.
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