Branson & Dubai Royals in Talks to Buy Gatwick Airport
The Virgin Group encompasses several companies including Virgin Atlantic airlines and Virgin Mobile. The adventurous Branson's personal fortune is estimated at $2.8 billion. He plans to form a consortium to bid for the airport, which handled 35 million passengers in 2007.
His partners on the potential deal are said to include Dubai's Royal Family, the London Telegraph reports. Obviously competitors would be worried that Branson and Virgin might gain an unfair advantage by controlling the airport, which is the sixth largest in Europe.