Flights going almost full, we are seeing healthy returns: Virgin Atlantic
Virgin Atlantic founder Richard Branson is a man who loves to take up challenges. At the age of 69, he has launched a cruise line, is preparing for a test flight in a spacecraft and taking on established airlines on the India-UK market. Virgin Atlantic failed on the London-Mumbai route twice before but Branson hopes the airline will be third time lucky.
It is capitalising on the growth in traffic, decline in capacity following closure of Jet Airways and its partnership with “big brother” Delta Airlines of the US.
The UK airline resumed its Mumbai flight in October and will be adding a second London-Delhi flight next March.
Branson, who was in Mumbai to promote the new flights, has ruled out investing in Air India. Branson, however, plans to invest in a hyperloop to connect Mumbai-Pune in 15 minutes. He will meet Maharashtra chief minister Uddhav Thackeray on Wednesday to clear misunderstanding around the project.
