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Branson Planning Asian Low Cost Airline

Wed Dec 10, 2003 5:02 pm

"SINGAPORE : Competition for Asia skies among low-cost airlines is hotting up, with the Virgin Group saying hot on the heels of SIA that it is looking into setting up another budget carrier in Asia.

A Bloomberg report quoted British billionaire Richard Branson as saying his Virgin Group is in talks with a couple of people about either working with them on a budget airline they have already set up or setting up a low-cost airline"

More information at ChannelNewsAsia
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