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Billion-Dollar Airport Deals Edit
Richard Branson to Buy Gatwick

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Billion-Dollar Airport Deals - Richard Branson to Buy Gatwick (VIDEO)
Richard Branson to Buy Gatwick
 Published: Sep 18, 08
Comments: 1 Views: 2,209

Richard Branson, the founder of Virgin Group (Virgin Atlantic Airlines), is moving to buy London’s Gatwick Airport.

Currently, BAA Ltd. owns Gatwick and Heathrow. The Competition Commission, a government entity, recommended BAA sell Gatwick in order to promote more market competition. Its asking price is $5.4 billion.

Richard Branson can’t swing the deal alone because he is only worth $2.8 billion, so he’s looking to the Saudi royalty to go in on the deal with him.

References:  telegraph, luxist

Filed In:  business,  eco,  leaders,  new ventures,  pop culture






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FOUR WAYS TO REACT: vote, favorite, add more examples of Billion-Dollar Airport Deals or comment about Richard Branson to Buy Gatwick.

rocketranger on Sep 19, 08  0 Trends   2,582 Comments
Radical move, wow. an airline owns an airport, now that can change air travel. Or can it?
rocketranger on Sep 19, 08  0 Trends   2,582 Comments 0


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Billion-Dollar Airport Deals