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- Virgin Atlantic in financial talks over purchase of Gatwick Airport - report
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Virgin Atlantic has been holding talks with its financial partners concerning a potential bid for London Gatwick Airport. The airline currently has a stake in the consortium, which owns UK air traffic control system NATS. A spokesman for the airline reportedly...
- Research articles 2008-09-02
- Air Cargo News
- Sep 1, 2008 KLM KLM will add four weekly frequencies to its daily Amsterdam-Hong Kong 747-400 Combi service from March 29. Aug 28, 2008 LAN Cargo LAN Cargo will begin flying from Miami to Guatemala City and San Jose, Costa Rica, in September aboard 767-300Fs. Aug...
- Research articles 2008-09-01
- Airline Finance News - Europe
- Sep 1, 2008 Aegean Airlines Aegean Airlines traffic rose 19% year-over-year to 1.8 billion RPKs on a 19% increase in capacity to 2.7 billion ASKs. Load factor was up 0.5 point to 67%. Unit revenue and yield each rose 6% to 9.7 euro cents and 14.4 euro cents...
- Research articles 2008-09-01
- Virgin Atlantic announces financial results
- AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Virgin Atlantic has announced its financial results for the 2007/2008 financial year. The airline said that, for the year, it recorded pre-tax profits of GBP34.8m, as compared to GBP6m in the prior year. The airline also flew a total of 5.7m...
- Research articles 2008-08-27
- Sale of Heathrow slots questioned.(JAMAICA)
- The government has asked the Contractor General to investigate the sale of seven Air Jamaica Heathrow slots to Virgin Atlantic on March 10. The slots were sold for US$10 million, reports JIS (April 26, 2008). Minister of Finance and Public Service Audley Shaw said, "The sale ...
- Research articles 2008-06-01
- Company Watch - Virgin Group
- Apr 7, 2008 Boeing is trapped in a nightmare as delays on the production of its 787 Dreamliner are causing airlines to raise hell. British Airways and Virgin Atlantic are in talks with Boeing over expected delivery delays for the 787 Dreamliner aircraft they ordered in 2007. This is...
- Research articles 2008-04-07
- Company Watch - Virgin Atlantic
- Mar 10, 2008 Virgin Atlantic Airways unveiled a [pounds sterling]1 million ($1.99 million) premium lounge at Boston Logan. It accommodates up to 75 passengers. Mar 6, 2008 Rolls-Royce won a $2.6 billion deal from Virgin Atlantic Airways for Trent 1000s to power up to 43 787s and announced...
- Research articles 2008-03-10
- Rolls-Royce wins 2.6-bln-dlr engine order from Virgin Atlantic
- LONDON AFP — Rolls-Royce, the maker of plane engines, said Monday that it had won an order from Virgin Atlantic worth 1.3 million pounds (2.6 billion dollars). The engines will be used to power Virgin Atlantic's future fleet of Boeing 787 Dreamliner jets. "Rolls-Royce today announced a 2.6-billion-dollar...
- Research articles 2008-03-03
- WORLD Tonight: Bond flies with Virgin
- JAMES Bond loves Aston Martin cars and when it comes to flying it now seems that Virgin Atlantic is 007's airline of choice. The carrier today announced it will again feature in the new Bond film Quantum of Solace, starring Daniel Craig as 007. This followed the cameo...
- Research articles 2008-02-05
- Airline Finance News - Europe
- Jan 14, 2008 Aer Lingus Irish airline Aer Lingus said on Tuesday it carried 695,000 passengers last month or 9.6 percent more than in December 2006, thanks to new routes and planes, but flights were not as full as a year ago. The former state carrier said its...
- Research articles 2008-01-14
- WORLD Tonight: Virgin deal
- STRIKES planned by Virgin Atlantic cabin crew have been called off after a pay deal was agreed. Thousands of members of the Unite union were due to stage two 48 hour walkouts from tomorrow and from January 16 after rejecting a two-year wage deal worth 4.8% in year one and...
- Research articles 2008-01-08
- Airline Finance News - Europe
- Jan 7, 2008 Airlines throughout the world are contending with antitrust charges made at the end of 2007 by the European Commission, which has accused at least 11 and as many as 25 carriers of "cartel" activity relating to airfreight transport. In addition to British Airways, Japan Airlines, Air...
- Research articles 2008-01-07
- Arise Virtual Solutions Bolsters Management Team; Celebrates a Decade of Client Service
- Arise Adds Former Executives from 1-800-FLOWERS, Virgin Atlantic, and JM Family Enterprises; Marks Ten Years as Leading Provider in Virtual Customer Care MIRAMAR, Fla. -- Arise Virtual Solutions, leader in the home-based virtual contact center industry, announces the addition of new core senior executives as the company marks its...
- Research articles 2007-12-19
- BA fined record 121.5 million pounds over price fixing
- LONDON AFP — British Airways has been fined a record 121.5 million pounds (180 million euros, 246 million dollars) after admitting collusion over fuel surcharges on tickets, a financial watchdog said Wednesday. But Virgin Atlantic escaped punishment because it cooperated with the inquiry, the Office of Fair Trading OFT...
- Research articles 2007-08-01
- Virgin cabin crew overwhelmingly reject latest pay offer.
- LONDON, UNITED KINGDOM, Jul 24, 2007 CCNMatthews via COMTEX -- The possibility of summer flight chaos drew nearer today when a consultative ballot of nearly 3,000 Unite cabin crew members overwhelmingly rejected Virgin Atlantic's 'final pay offer'. The deal was rejected the by a massive 98.2%...
- Research articles 2007-07-24
- Airline looks to ditch Virgin stake.
- Byline: Mark Kleinman Jul 09, 2007 (The Age - ABIX via COMTEX) -- Singapore Airlines is believed to be considering the divestment of its 49 holding in UK-based carrier Virgin Atlantic. It had struck an agreement with Virgin founder Sir Richard Branson when acquiring...
- Research articles 2007-07-09
- Boeing and Virgin Atlantic Announce 787 Order, Environmental Partnership.
- M2 PRESSWIRE-24 April 2007-BOEING: Boeing and Virgin Atlantic Announce 787 Order, Environmental PartnershipC1994-2007 M2 COMMUNICATIONS LTD RDATE:24042007 CHICAGO - Boeing [NYSE: BA] and Virgin Atlantic today announced an environmental partnership, which includes an order for 15 787-9 Dreamliners, marking the...
- Research articles 2007-04-24
- Nightly Business Report
- PAUL KANGAS, NIGHTLY BUSINESS REPORT ANCHOR: March existing home sales were KO`d by Mother Nature and continued troubles in mortgage lending. We`ll detail the existing home sales data and get some analysis. SUSIE GHARIB, NIGHTLY BUSINESS REPORT ANCHOR: Apple`s former chief financial officer says Steve...
- Research articles 2007-04-24
- Airline airbrushed: BA banishes rival from Bond film
- LONDON AFP — Virgin Atlantic chairman Richard Branson has been airbrushed out of the James Bond film "Casino Royale" in edits of the movie screened on rival airline British Airways, a newspaper reported Saturday. The Daily Telegraph said the entrepreneur, and all references to his airline, had been airbrushed...
- Research articles 2007-04-21
- BA shares sink on threat from 'Open Skies' deal
- LONDON AFP — Shares in British Airways tumbled Monday on fears that increased competition from rival airlines on transatlantic routes could bite into the group's profits. Shares dived by as much as 9.5 percent on the London stock exchange after EU and US negotiators Friday concluded a draft 'Open...
- Research articles 2007-03-05
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