Financial Times:
Branson to miss Virgin America launch
By Doug Cameron in Chicago and Kevin Done in London
Published: July 17 2007 19:10 | Last updated: July 17 2007 19:10
Sir Richard Branson will be absent from next month’s launch of Virgin America, an almost unheard of occurrence for the media-savvy entrepreneur, which highlights the sensitivity of overseas involvement in the US airline industry.
Virgin America, a San Francisco-based start-up, provided a lightning rod for the bipartisan opposition in Congress and among US unions to reforming the strict investment laws governing the sector, which resurfaced and threatened to undermine the “open skies” treaty agreed in April with the European Union. More...
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