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Branson's knee-in-the-groin showdown with BA's Walsh on hold

Penalty for five-year-old bet unlikely to be paid as both sides claim they won wager over Virgin Atlantic ownership

The most anticipated knee in the groin in modern business history appears to have been dodged after Sir Richard Branson and Willie Walsh both claimed to have won a bet placed five years ago over Virgin Atlantic’s future.

Disappointingly for aviation industry observers, a rendezvous to settle a spat that developed across two continents in 2012 appears to be off.

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