Alaska took control of Virgin America last year. Branson, the British billionaire who helped create Virgin America, told reporters in Seattle this week that Alaska must pay royalties for the Virgin name under a licensing deal that runs until 2040.. In a written statement, Branson's U.K.- based Virgin Group said the licensing agreement with Alaska has "clear...
Chief Executive Craig Kreeger put the impact on profits of Britain's decision to leave the European Union at around 50 million pounds after the carrier reported a 2 percent increase in underlying pretax profit for 2016 to 23 million pounds. Virgin Atlantic, which is owned by founder Richard Branson's Virgin Group with 51 percent and U.S. carrier Delta Air...
The billionaire reflects on closing a dearly beloved brand.
DALLAS— After months of teasing, Alaska Airlines has bad news for loyal customers of Virgin America— their airline's name is being dumped. Alaska announced late Wednesday that it will retire the Virgin brand, probably in 2019, adding that name to a list including Continental and US Airways that disappeared in the past decade. So when Alaska announced last year...
The cabin baggage ban on laptops and tablets on some direct flights to both the U.S. and U.K. has been questioned over fire safety.
Governments need to defeat extremist group ISIS and welcome refugees fleeing warzones, billionaire Richard Branson said.
Billionaire Richard Branson said that Brexit is "one of the saddest things" to happen to Britain and to Europe.
Virgin founder Richard Branson discusses Wednesday's suspected terror attack in Westminster and the necessary security measures to keep people safe.
Virgin founder Richard Branson discusses how security threats are affecting his business and the wider leisure industry.
Richard Branson discusses his perspective on Brexit and his company's global expansion plans.
Boom Supersonic aims to bring supersonic travel to transoceanic travelers in a few years, and Richard Branson is betting on the technology.
The airline, 10 percent- owned by British entrepreneur Richard Branson, identified China as a target growth market in mid-2016 when it took on China's HNA Innovation Ventures and China's Nanshan Capital Holdings as major shareholders. "Virgin Australia's entry into Hong Kong and greater China is a key pillar of our international strategy, allowing us to tap...
For millionaires and billionaires, success isn't about comfort.
The founder of Virgin encourages everyone to dream big.
Penguin Random House wins bidding war for memoirs by former president and first lady, The Finanical Times reports.
The most interesting call he ever took was from his bathtub, when Nelson Mandela phoned.
The self-made billionaire takes pride in building a “challenger brand.”
NEW YORK, Feb 21- Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies. TransferWise's chatbot enables customers to send money to friends and family to and from the United States, Britain, Canada,...
LAGOS, Feb 11- The founder of Nigeria's largest airline Arik Air, placed in receivership earlier this week, accused the government of seizing Arik to meet a political goal of creating a "national carrier" and said he would challenge the move in court. Arik is West Africa's biggest airline by passenger numbers but has been hard hit by Nigeria's currency crisis as its...
The Office of Barack and Michelle Obama sent out an email announcing that they were launching an internship program in D.C.
Small business sentiment soared to a 12-year high in December, as business owners looked forward to much better business conditions.
You don't need inspiration or special tools. You just need to start.
An index of small business employment growth inched up as Main Street America added jobs at a steady pace this month.