Virgin to spend pounds 1bn on planes

The JournalJune 23, 2009

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Summary


VIRGIN Atlantic Airways owner Richard Branson announced he was ordering pounds 1bn worth of new planes as he urged the Government not to bail out British Airways.

British Airways, which has more than 700 staff at its Newcastle call centre and Newcastle International Airport, quickly stressed it was opposed to state aid as it denied rumours that it had been in talks over government support as its finances plunged.

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Virgin to spend pounds 1bn on planes

Billionaire Branson, who has just ordered 10 Airbus SAS A330 aircraft to han...

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