Virgin to launch in Nigeria

Monday, 29 Sep, 2004 0

Sir Richard Branson’s Virgin empire it set to expand once again with the launch of a new carrier in Nigeria.

 

According to the BBC News website, Virgin has signed a deal with the Nigerian government to set up Virgin Nigerian, a new company that will be owned jointly by Nigerian investors, who will own 51 per cent, and Virgin Atlantic, which will own 49 per cent.

 

The website reports that the carrier will operate flights to Europe and the United States, as well as a domestic and regional timetable.

 

Sir Richard is quoted as saying that he was “honoured and excited” to be involved in the new venture, adding: “Nigeria is taking another bold step forward. We aim to create the best airline, not just in Nigeria but the world, based in Africa.”

 

Report by Tim Gillett, News From Abroad Ltd



 



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