Virgin Atlantic A340-600. By Rob Finlayson UK-based Virgin Group, parent company of Virgin Atlantic Airways (VS), has sold its 10% stake in Malaysia’s AirAsia X (D7), the long-haul, low-cost carrier (LCC).  The move comes as Virgin Group realigns its investments to concentrate more closely on its own brand. “We can confirm that Virgin Group … has sold its 10% stake in AirAsia X,” external relations director Nick Fox told ATW. “The terms of the ...

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