Sunday, June 7, 2009

Virgin Atlantic ending partnership with Nigeria airlines


Billionaire Richard Branson and his Virgin Atlantic Airlines will be ending the partnership (Virgin Nigeria) with Nigerian airlines next month. After the dissolution of the partnership, Virgin Atlantic will be selling its 49 percent stake in Virgin Nigeria for which it paid an estimated $25 million for in 2005.

In the coming week the Virgin Nigeria board will be meeting to finalise arrangements for the name change. So far the suggested options for a new name are Air Nigeria and Nigerian Eagle...I'm feeling Nigerian Eagle! Virgin Atlantic has given until July 7th for the rebrand to be completed. Check out the Reuters link below for more details.


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