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Non-Tech : Virgin Express (VIRGY) Richard Branson's European Airline

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To: Stephen O who wrote (31)9/21/1999 10:39:00 AM
From: AC Flyer  Read Replies (1) of 62
 
Jim Swigart's out...

...back to the US to pursue other business interests (i.e. fired). What's that about? I guess Richard Branson felt the same way I did about the recent plunge in the stock price.

The new guy, John Osborne, has run a similar airline operation in Gibraltar. My guess is that he will be focusing first on the cost side of the income statement.

Looks like VIRGY is going to require more patience.

Anyone have any insights on the management change?
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