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Old May 16, 2006 | 11:02 pm
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bensyd
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Originally Posted by hobarthoney
VS is Branson’s Baby! He had to sell Virgin Records to keep VS afloat during the "Dirty Tricks" campaign by BA. I am 90% sure Branson still holds the balance of power with VS. It would be a huge move for Branson to sell out of VS and I dont see that happening
SQ own 49% of VS, So their must be some sort of contract that says they cant fly competing routes with SQ, although they have a code-share with SQ. I'm not suggesting Branson sells out of VS I am saying though that their is nothing to prevent Branson lending the Virgin name to another airline that could fly competing routes to SQ, and if that is the case then it is fairly poor due diligence on SQ's part.
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