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- Company Watch - Virgin Group
- Sep 7, 2008 Polynesian Blue, the joint venture between Virgin Blue and the Samoan government, reported a pre-tax profit of NZ$9.2 million ($6.5 million) in the fiscal year ended June 30, up 71% from the NZ$5.4 million earned the prior year, the Centre for Asia Pacific Aviation reported. On...
- Research articles 2008-09-08
- 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
- 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
- Ticket skyjacking cartel.(NAMES IN THE NEWS)
- BRITISH AIRWAYS AND SOUTH KOREAN AIR LINES in August agreed to plead guilty and pay separate $300 s million criminal fines for their roles in conspiracies to fix the prices of passenger and cargo flights. Federal officials say that two other airlines--Virgin Atlantic and ...
- Research articles 2007-09-01
- Airlines salivate at possibilities
- It's still 11 months until the trans-Atlantic air market is deregulated, but airlines on both sides of the pond are angling for their share of what's expected to be an explosion in lucrative trans-Atlantic travel. Airlines "have been waiting 15, 20 years for this to happen,"...
- Research articles 2007-04-24
- Terrorism threats "the new order".
- Byline: Louise Longman Sep 12, 2006 (Travel Weekly - ABIX via COMTEX) -- The global aviation industry must accept that terrorism has changed the world. Lyell Strambi, chief operating officer of Virgin Atlantic, said that terrorism attacks were a fact of life and the...
- Research articles 2006-09-12
- Transport sector in transition: concessioning has been chosen as the way forward for the run-down rail transport system. And Virgin Nigeria has settled in well as the country's prime air carrier. Bola Olowo reports.(Nigeria)
- DR ABIYE SEKIBO, Nigeria's Minister of Transportation was understandably worried as he stepped into the rail transport realm on the Makurdi-Otukpo route of the Nigeria Railway Corp. He said he was appalled at the level of neglect and dilapidation of the infrastructure--"the rail lines that are...
- Research articles 2005-11-01
- Virgin entrepreneur hopes oil venture will fuel success RESUME:
- What is the billionaire entrepreneur embarking on this week? Record round the world race by hang-glider? Space travel with nicely reclining seats? Not such an outlandish prospect this time - Branson announced on Friday that he hopes to build an oil refinery. The fuel bill for...
- Research articles 2005-09-18
- Branson wants more flights to Australia.
- Jun 15, 2005 (The Australian Financial Review - ABIX via COMTEX) Virgin Atlantic wants the Australian and UK Governments to liberalise the rules for flights on the "Kangaroo" route. The governments will meet in the week of 20 June 2005 to talk about the ...
- Research articles 2005-06-15
- U.S. airports make changes for A380
- At least a dozen U.S. airports are bracing for the arrival of the Goliath of the skies -- Airbus' new A380 jumbo jet. They expect to spend hundreds of millions in airfield and gate modifications to prepare for the world's widest passenger jet before it lands for the first...
- Research articles 2005-01-17
- Over the Atlantic in Virgin-Style Luxury
- Virgin Atlantic has promised to give cross-Atlantic business travelers a better alternative to the status quo -- it's planning a premium business-class-only airline that will fly between select US and EU destinations. The new airline will launch in the next 12 to 18 months, and will compete with elite carriers...
- Blog posts 2007-06-04
- Fares to India to fall 20%?
- GARY NOAKES AND ROBIN SEARLE THE cost of flying direct to India is likely to fall by as much as 20% following the decision to increase competition on routes. The CAA last week revealed it was awarding 10 of the 21 new frequencies available to...
- Research articles 2004-12-10
- Trans-Atlantic trips, and deals, take flight
- The weak dollar and threat of terrorism haven't stopped a resurgence of travel to Europe this year. And off-season deals aim to keep Americans crossing the Atlantic this fall. From January to June, 5.9 million U.S. citizens departed for Europe -- up 20% over 2003, the Department of...
- Research articles 2004-10-08
- Nigerian Eagle Airline.(service)(Brief Article)
- NIGERIAN EAGLE AIRLINE is to take off in October. Virgin Atlantic Airways is a strategic investor and technical partner following the failure of the government's hoped for agreement with South African Airways.
- Research articles 2004-10-01
- Virgin Atlantic to launch Nigerian airline
- ABUJA AFP — Virgin Atlantic said it would launch a new airline in Nigeria in which it will take a 49 percent stake. The airline, to be called Virgin Nigeria, will be owned 51 percent by Nigerian institutional investors, Virgin Atlantic said in a statement. The airline, which...
- Research articles 2004-09-28
- India air routes open up
- A long-awaited expansion of flights between the UK and India should see the number of non-stop services double within 12 months. British airlines are to be allowed to increase the number of routes they offer to India from the current 19 to 40. In return, Air India has...
- Research articles 2004-09-24
- Virgin to fly Down Under
- Virgin is due to start flights to Sydney from Heathrow on December 7. Virgin Atlantic has confirmed the start of Australia services in time for the Christmas peak despite still awaiting final permission from regulators. The airline will commence flights to Sydney on December 7,...
- Research articles 2004-06-25
- Bay Area lands new airline
- SAN FRANCISCO -- A new low-fare airline carrying the Virgin name will be based here, the airline announced Friday, a coup for the major tourist destination that's been hard-hit by the dot-com implosion and fallout from the Sept. 11 terror attacks. Corporate headquarters for the as-yet-unnamed airline...
- Research articles 2004-06-05
- Virgin launches new routes.(The Region)(Brief Article)
- VIRGIN LAUNCHES NEW ROUTES. Sir Richard Branson has struck a confident note on recovery in the airline industry by setting out plans for Virgin Atlantic to launch two new routes and recruit 700 additional staff, reports The Guardian (March 24, 2004). He announced that his airline...
- Research articles 2004-05-01
- Expanding Virgin Atlantic bets on aviation revival
- LONDON AFP ? Virgin Atlantic boss Richard Branson hailed signs of a recovery in the aviation industry as he announced plans to expand his airline with new aircraft, extra routes and 1,400 more staff. "Following the last recession Virgin Atlantic had annual double digit growth from 1993-2000 and we...
- Research articles 2004-03-24
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