Sir richard branson gives up control of virgin atlantic amid delta air france deal

I think there may be some misinformation here!

Sir Richard Branson, the founder of Virgin Group, has not given up control of Virgin Atlantic. In fact, he still owns a significant stake in the airline.

However, it's true that Virgin Atlantic has entered into a partnership with Delta Air Lines and Air France-KLM to create a transatlantic joint venture. This partnership, announced in March 2021, aims to increase competition and improve the travel experience for customers flying between North America and Europe.

Under the terms of the agreement, Virgin Atlantic will retain its independence and brand identity, while also benefiting from the partnership's increased scale and resources. Sir Richard Branson will continue to be involved in the airline as its founder and chairman.

So, to summarize, Sir Richard Branson has not given up control of Virgin Atlantic, but the airline has entered into a strategic partnership with Delta and Air France-KLM to enhance its operations and competitiveness.