Thursday, April 11, 2013

Richard Branson Launching New Indian Airline

Richard Branson, the billionaire founder and chairman of Virgin Group Ltd, has been keen on launching an airline in India since the early 2000s. A decade later, he hasn't given up on the Indian market, despite the various troubles in the fledgling domestic sector. "We are still considering setting up a domestic airline (in India) now that the laws have been changed; we still haven't decided for definite one way or the other...I think it will be a Virgin Group investment and it will obviously have an Indian partner. I think the type of airline we'd like to do is like we have in America or in Australia, which is quality domestic airlines,..."

The Virgin Group currently flies Mumbai to London and Delhi to London routes.

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