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Article: Virgin Atlantic Casts Doubt on British Airways-American Airlines Deal.(Originated from The Star-Ledger, Newark, N.J.)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 12, 1996
- Author:
CopyrightCOPYRIGHT 1996 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--Sep. 12--Virgin Atlantic Chairman Richard Branson, who has been campaigning against a proposed alliance between British Airways and American Airlines, yesterday said he doubted the deal will ever be approved.
The two carriers announced their plan in June and it immediately ran into turbulence from competing airlines who say it would give British Airways and American a 61 percent dominance on trans-Atlantic travel.
Few have been more outspoken than Branson, who has kept up a drumbeat of ads and vocal opposition to the plan.
Yesterday, on the stump again, he predicted the present deal was coming unraveled before a jammed luncheon of the Wings ...