Virgin Group founder and supremo Richard Branson says the group is “not interested” in selling any of its 10% stake in Virgin Australia Holdings – but he’s apparently interested in flying between Australia and Thailand.
During a brief stopover in Bangkok, Branson told Bangkok’s English-language newspaper The Nation: “I would love to operate flights, one day, to connect to Australia via here.”
The Nation quoted Branson as saying: “We are just starting beautiful health clubs here in Thailand. One day, I expect to fly our airlines in the Kingdom. It should be here sooner in a big way but at least we have radio stations.
“I think in January and February there will be a good thing to be announced.”
The radio stations Branson mentioned are operated by Virgin Group’s partner BEC-Tero Radio, which runs two stations – 95.5 Virgin Hitz and Virgin Star FM98 – in Bangkok.
Branson is concentrating his energies on the health club front at present. The Virgin Group’s Virgin Active health club is expanding in the Asia-Pacific, including Thailand and Singapore.
Branson revealed in Australia last week he plans to invest about AUD 200 million to more than triple the number of health clubs in Australia over the next three years.
Written by Peter Needham