Expansion only if Heathrow gets 3rd runway: Branson
[DUBAI] Virgin Atlantic founder Richard Branson dangled the carrot of further investment in the British airline's domestic carrier Little Red as he stepped up the campaign for a third runway at London's Heathrow airport.
Warning that Britain is in danger of "slipping into the dark ages" without additional capacity at Heathrow, he said Virgin would look to expand Little Red into Europe only after a third runway is built.
Little Red was launched by Virgin last year, offering routes from Heathrow to Manchester and the Scottish cities of Aberdeen and Edinburgh, after rival British Airways bought short-haul operator British Midland.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources