Richard Branson Changes Mind on Selling Virgin Atlantic Stake

Dylan Agbagni (CC0)  / Flickr

A Virgin Atlantic a350. Richard Branson might be thinking twice about selling a stake in the carrier. Dylan Agbagni (CC0) / Flickr

Skift Take: This might be a win-win for all sides involved, especially given the expanded joint venture already in the works. Richard Branson gets to keep control of his beloved airline and Air France-KLM Group can use the money elsewhere.

— Patrick Whyte

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Oyo Promotes Executive to Board to Aid Growth Efforts

Akio Kon  / Bloomberg

Ritesh Agarwal speaks at the SoftBank World 2019 event in Tokyo. The company has added a new board member. Akio Kon / Bloomberg

Skift Take: Looks like Oyo is taking a more sustainable approach to global growth rather than simply looking to boost hotel numbers at any cost. But will the new board appointment lead to a discernible change in strategy?

— Patrick Whyte

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AirAsia Wants to Beat U.S. Fast Food Chains By Opening First Airline Food Restaurant

AirAsia Group

Tony Fernandes at his first Santan restaurant launch in Kuala Lumpur. AirAsia Group

Skift Take: The world’s first attempt to bring airline cuisine to the ground — not the other way round — is here and in a few years AirAsia figures there’ll be a chain of 1,000 franchised restaurants. It’s becoming a serious matter.

— Raini Hamdi

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Lufthansa’s Potential $6.4 Million Fine Is One More Reason Euro Airlines Want to Forget 2019

Lufthansa

A Lufthansa Boeing 747. The company is facing a $6.4 million fine from the FAA, Lufthansa

Skift Take: Like many other European airlines, it’s been a pretty tough year for Lufthansa. The airline could probably do without a potential FAA fine hanging over it as it tries to start fresh in 2020.

— Patrick Whyte

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