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Chapter 22-26, January-November 1991 Summary and Analysis
Section 11 covers Chapters 22-26, describing events from January to November 1991. Richard applies for a route at Heathrow that irritates BA and finds they have a special team set up to undermine him. Virgin opens Heathrow with Richard dressed as a pirate since Lord King calls him one. Sir Freddie Laker says to "Sue the bastards."
Chapter 22 January-February 1991 describes Virgin Group business successes except for Virgin Atlantic, with Virgin Communications sales over 150 million pounds and Megastores making money. Lloyds banker Sidney Shaw asks if Richard can keep Virgin Atlantic going. Virgin Group's small cash flow deficit puts Virgin Atlantic at a bank's mercy. The banker apologizes for overreacting but suggests Virgin Music needs investment. The press asks about drugs at the nightclub that puzzles Richard until he learns that Lord King is spreading rumors about Virgin. British Airways...
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This section contains 666 words (approx. 2 pages at 400 words per page) |