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Branson to Start Airline in Russia

2 February 2008

It could be one of his most ambitious projects yet. Virgin Group chairman Sir Richard Branson, one of Britain’s most prominent entrepreneurs, said Thursday that his firm was in talks with local partners to establish a new Russian airline, one of several possible new ventures.

Virgin is in talks with “‘two or three'” local carriers and expects to make an announcement about a new partner in the next three months, Branson told reporters at an investment conference in Moscow.

source: The Moscow Times

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