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Virgin to enter Russian airline market

PostPosted: 01 Feb 2008, 23:52
by julesn
Jan. 31 (Bloomberg) -- Richard Branson, the billionaire who controls U.K. carrier Virgin Atlantic Airways Ltd., plans to start an airline in Russia to tap into a market growing at 10 percent a year.

Branson is in talks with two or three possible local investors and may name a partner within three months to set up a carrier tentatively called Virgin Russia, the entrepreneur said in an interview at an investor conference in Moscow today.



Full story here

j.

PostPosted: 02 Feb 2008, 00:05
by mcmbenjamin
Covered here: VS-EWR's thread

PostPosted: 02 Feb 2008, 00:09
by honey lamb
Locked to avoid duplication