Not quite correct. Virgin Group currently own 51% of the Airline (Delta the other 49%) though they are close to selling 31% to Air France / KLM and reducing their holding to 20%. Most of the Virgin branded enterprises seem to have complex and multiple shareholdings. And Branson is still the figurehead of the group.
I didn't say he was the villain, I'm sure you are right about Flybe's management being mainly at fault. I merey wondered whether he would care about ECFC losing £100K a year or whatever it is.
Actually I have a certain regard for him, I met him several times when he was starting out with a small record store above a shoe shop on Oxford Street and he seemed a decent bloke. And by all accounts his immediate staff think the world of him.
Though he must say a prayer of thanks to Mike Oldfield and Tubular Bells every night.
And of course we would presumably find another sponsor, though not one as steadfast as Flybe have been all these years. Maybe Sir "Call-me-Steve" and the University might want to ustep in?
Do you want a quick answer, or the correct one?
Most of these businesses are joint ventures / collaborations / whatever, in which the "Virgin" stake is sometimes small or later reduced. It's just convenient to associate them with Branson as he is indelibly identified with the brand and generally fronts them up. It seems to be convenient for the other partners such as hedge funds etc. - they stay in the background and collect their share of the revenues and profits while others are the public face.
Unlikely. This is the Director of Communications and Corporate Affairs (which includes Marketing) up at the Uni... https://www.plymouthherald.co.uk/sport/football/who-jane-chafer-you-need-1364803Maybe Sir "Call-me-Steve" and the University might want to ustep in?
Well that was all bolloxspeak, Good for her another company to have on her expansive CV
You don't think that a fair percentage of Flybe employees might also be shareholders?
I am sorry ,I don’t do sarcasm !!!!!!