Virgin Group Company Description
Led by adventurous founder, chairman, and owner Sir Richard Branson, holding company Virgin Group gets around. The group's travel-related operations, paced by 51%-owned Virgin Atlantic Airways, are among its biggest breadwinners. The airline flies to 30 destinations around the world with a fleet of about 40 aircraft. Virgin Atlantic is complemented by its Australian low-fare cousin, Virgin Blue, which operates a fleet of about 75 aircraft. Virgin Group also operates rail franchises in the UK and sells tour packages. Besides travel and leisure, the group's major operating areas include beverages, financial services, and telecommunications (Virgin Media). Virgin was established in 1970.
View the Comprehensive Company Description for Virgin Group
The Company Description provides a historical perspective of Virgin Group's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Virgin Group's evolution in the marketplace.
