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War clouds delay Virgin Blue's plans
Canberra, Australia - Its listing on the Stock Exchange is in doubt
The catastrophic effect of the war in Iraq on the airline industry has raised fears that sir Richard Branson may be forced to delay plans to float his Australian discount airline Virgin Blue. Branson is believed to be keen to sell a stake to raise funds for other parts of the Virgin empire. The airline is thought to value itself at up to USD 756m. The air company was expected to have gone public...
AVIONEWS - World Aeronautical Press Agency - 42801
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency