All
← Back to Squawk list
RICHARD BRANSON: There was 'sadly nothing I could do to stop' Alaska Air's takeover of Virgin America
After the announcement of the $4 billion acquisition of Virgin America by Alaska Air, Virgin founder Richard Branson expressed his disappointment in the move, saying there was nothing he could do to prevent it. "I would be lying if I didn't admit sadness that our wonderful airline is merging with another," Branson wrote Monday in a post on Virgin's website. (www.yahoo.com) More...Sort type: [Top] [Newest]
Better Alaska, which is a decent airline, than Delta, American, or United.
Flying Virgina America was the best airline experience I've had for decades.
Richard branson is a classy gentleman..i am sure it is painful to him to see a part of "his baby" taken over..thats what happens in corporate America when you have many shareholders and stockholders in the mix, and lose your own identity...
Big companies like the free enterprise system but seem to dislike competition; thus all the mergers. As the number of mergers occur less competition results followed by increased costs to the consumers. Virgin Australia forced Qantas to lower domestic fares. Unfortunately we in Canada have no domestic competition because foreign controlled domestic airlines are not allowed. Our domestic fares are outrageous;it is cheaper to fly internationally because there is competition from other airlines. The airline industry seems immune from consumer protection; if you polled passengers on any flight the number of different fares paid in any one class would be in double figures. Other retail companies would never get away with this.
That's SIR Richard Branson, quite a man.
Alaska is going to definitely ruin all that was good about Virgin America. I flew on Alaska once, and the plane was dirty and run down. I can only imagine what they're going to do with VA's beautiful fleet. Sad day.
All about profits baby! Alaska will screw up Virgin just like United did to Continental.