Articles tagged “richard branson”

Virgin Galactic Reveals Its Space Base But Not Its Launch Timing

Virgin Galactic Reveals Its Space Base But Not Its Launch Timing

Justin Bachman, Bloomberg

Champagne and caviar? Check. Barista island? Check. Scheduled flights? Richard Branson will get back to you. Space tourism has been an endlessly delayed launch, after all.

4 weeks ago

The Race to Space Speeds Up With Virgin Galactic’s Listing

The Race to Space Speeds Up With Virgin Galactic’s Listing

Thomas Seal, Christopher Jasper and Justin Bachman, Bloomberg

Richard Branson has been trying to get to space since 2004, when he first founded Virgin Galactic. While the company's move to publicly list the company takes things up a notch, it certainly doesn't guarantee this idea won't remain a true moonshot.

2 months ago

Virgin Atlantic CEO Reveals Plans for FlyBe Acquisition

Virgin Atlantic CEO Reveals Plans for FlyBe Acquisition

Christopher Jasper and Guy Johnson, Bloomberg

Get ready for "Virgin something" as the airline moves to beef up its intercontinental offerings and take advantage of Heathrow's planned third runway with acquisitions like FlyBe.

3 months ago

Virgin Galactic Could Fly Customers to Space as Soon as This Year

Virgin Galactic Could Fly Customers to Space as Soon as This Year

Justin Bachman, Bloomberg

Virgin Galactic already has about 700 customers willing to pay $250,000 for a 90-minute flight. That's remarkable, right?

4 months ago

Virgin Group Founder Richard Branson Plans a Humanitarian Concert for Venezuela

Virgin Group Founder Richard Branson Plans a Humanitarian Concert for Venezuela

Matthew Bristow, Bloomberg

Cynics may guess that Richard Branson saw the movie Bohemian Rhapsody and, reminded of the success of the first Live Aid concert in 1985, decided narcissistically to revive the idea. Idealists will say, whatever the motivation, the world must ease the economic crisis in Venezuela.

7 months ago

How Two Billionaires Are Looking to Transform U.S. Rail Service

How Two Billionaires Are Looking to Transform U.S. Rail Service

Chris Bryant, Bloomberg

You can't help but root for Richard Branson and Wes Edens. Who doesn't want to see passenger rail service in the U.S. enter the 21st century, especially if you've been on ho-hum Amtrak recently?

7 months ago

Virgin Galactic Moves Closer to Shuttling Tourists to Space After Test Flight

Virgin Galactic Moves Closer to Shuttling Tourists to Space After Test Flight

Associated Press

It counts as progress that nobody died when Virgin Galactic tested its rocketship this time. It's still unclear when, if ever, expensive suborbital flights will become a reality for wealthy vacationers, especially considering the demonstrable safety risks.

1 year ago

Richard Branson Believes Supersonic Air Travel Is the ‘Next Big Thing’

Richard Branson Believes Supersonic Air Travel Is the ‘Next Big Thing’

Angus Whitley and Jason Kelly, Bloomberg

Richard Branson has a history of making bold predictions that don't turn out quite right. If – and it's a big if – supersonic jet travel makes a comeback, commercially viable flights are decades away.

2 years ago

The UK Government May Re-Nationalize London-Edinburgh Rail Route

The UK Government May Re-Nationalize London-Edinburgh Rail Route

Christopher Jasper and Benjamin Katz, Bloomberg

Stagecoach's problems show the difficulty in running a franchise on the UK's fractured rail network. The public and some politicians want reform but it seems the government is happy to tinker around the edges rather than make wholesale changes.

2 years ago

Richard Branson Sold Virgin Atlantic as Competitors Like Norwegian Usurped Its Role

Richard Branson Sold Virgin Atlantic as Competitors Like Norwegian Usurped Its Role

Chris Bryant, Bloomberg

Virgin Atlantic may have taken a step back as transatlantic competitors surged but the airline has one asset that everyone wants: those slots at Heathrow. Meanwhile, what does it say about Delta's joint venture with Virgin Atlantic if the latter still finds itself in such a weak position?

2 years ago

Richard Branson Aims to Ride Virgin Galactic Into Space in 2018

Richard Branson Aims to Ride Virgin Galactic Into Space in 2018

Bruce Einhorn, Bloomberg

Richard Branson's Virgin Galactic, which suffered a fatality in 2014, is losing the space race to Jeff Bezos-backed Blue Origin and Elon Musk’s SpaceX. Of course, it's all very early, though.

2 years ago

Richard Branson’s Latest Travel Project Is a Caribbean Dive Site

Richard Branson’s Latest Travel Project Is a Caribbean Dive Site

Justin Ocean and Nikki Ekstein, Bloomberg

Let's just hope scantily clad women in bikinis won't be making an appearance at the grand opening.

2 years ago