Branson says Virgin Atlantic to carry on 'for many years to come' Richard Branson says in a blog post that "Rumours have been spread in the press that I am planning to give up control of Virgin Atlantic and, according to Willie Walsh - who runs BA - that our brand will soon disappear. This is wishful thinking and totally misguided. We intend to carry on doing so for many years to come and, contrary to Mr Walsh's hopes, we have no plans to disappear." Reference Link
Qatar Airways acquires 9.99% stake in British Airways parent IAG As part of efforts to enhance operations and strengthen existing commercial ties initiated through codeshare agreements with IAG as well as its membership of the oneworld alliance, Qatar Airways has acquired a 9.99% stake in IAG. Non-EU shareholders of IAG including Qatar Airways are subject to an overall cap on non-EU ownership as a result of the requirement for EU airlines to be majority owned by EU shareholders. Qatar Airways may consider increasing its stake further over time although this is not currently intended to exceed 9.99%.