Air France-KLM is buying almost a third of Virgin Atlantic, leaving Sir Richard Branson's parent company, Virgin Group, with a minority stake in the airline he founded. Air France-KLM is taking a 31% stake, worth £220m, in Virgin Atlantic as part of a four-way joint-venture with US partner Delta.
A technology entrepreneur is looking to raise around £15m to save the Falklands Task Force flagship on which he once served from the possibility of scrap, and is looking to celebrities and the public to help him out on his mission, according to channelweb.co.uk Falklands flagship HMS Hermes was decommissioned last month and is heading towards the scrap heap.
Sir Richard Branson’s new Caribbean cruise line is moving forward, and it’s got a new name. At a press conference in Miami on Tuesday, the new cruise line announced that it will now operate under the name Virgin Voyages.