Bloomberg is reporting the company is in discussions to sell itself. Since they have a deal in place with Delta, I am guessing they’d be the interested party.
Richard Branson is a brilliant businessman and knows the airline industry well. If he does in fact sell VA, the industry may be topping out. I’d trust his instincts over the perpetually bankrupt American airline industry any day of to week.
If you enjoy the content at iBankCoin, please follow us on Twitter
This is great news for my position in $VA and terrible news for my position as an occasional human flyer that prefers $VA to every other experience by a factor of 10. (Given my travels don’t afford the personal apartment cabins found on Emirates et al)
You know he is orchestrating this out for him …
VA is the best.