Articles tagged “richard branson”

Airlines

Virgin Atlantic Considers a London Stock Market Listing: Reports

Sky News and the Financial Times said Richard Branson's carrier is mulling a fall IPO. It's unclear what executives at Delta Air Lines, a major shareholder, think about the prospect.

Virgin Atlantic Considers a London Stock Market Listing: Reports

Airlines

Richard Branson’s Virgin Galactic Approved to Fly With Aim to Conquer Space Tourism

The competition to determine who will conquer space tourism features some of the world's richest men. So it'll be fascinating to see which heavyweight billionaire can attract the most passengers willing to spend a pretty penny to go into space.

Richard Branson’s Virgin Galactic Approved to Fly With Aim to Conquer Space Tourism

Airlines

Travel Execs Branson, Sternlicht Latest to Join SPAC Craze

The momentum for so-called SPACs, or blank check companies, shows no signs of slowing down with some high-profile names getting in on the action. Let the deals begin.

Travel Execs Branson, Sternlicht Latest to Join SPAC Craze

Airlines

Virgin Galactic Cuts Short Test Flight of Suborbital Spaceplane

The test flight was to provide data on the cabin experience and boosters as part of the process to obtain an FAA license for commercial flights next year. The 600 travelers who have reserved seats may have to wait a little longer.

Virgin Galactic Cuts Short Test Flight of Suborbital Spaceplane

Airlines

Virgin Atlantic Files Chapter 15 Petition in U.S. to Assist Its Rescue in the UK

The real restructuring happened three weeks ago, as Airline Weekly's analysts have noted. This move is just to facilitate that.

Virgin Atlantic Files Chapter 15 Petition in U.S. to Assist Its Rescue in the UK

Airlines

Richard Branson to Sell Up to 12 Percent Stake in Virgin Galactic

Virgin Group will sell about $500 million shares in Virgin Galactic, the space-tourism venture, to raise funds for its other travel businesses. The move by owner Richard Branson signals the wallop still awaiting space tourism and travel generally.

Richard Branson to Sell Up to 12 Percent Stake in Virgin Galactic

Airlines

Virgin Atlantic Hires Bank in Search for Emergency Funds

If the investors reportedly being approached to help save Virgin Atlantic don't step up, Richard Branson's bluff will have been called, and he may need to commit some of his own wealth. That, or see the airline suffer the same fate as Virgin Australia.

Virgin Atlantic Hires Bank in Search for Emergency Funds

Airlines

Ryanair CEO Mulls Further Cuts While Slamming Virgin Atlantic’s Bid for State Aid

The always lively Ryanair CEO Michael O'Leary said it's "almost inevitable" that his budget airline will make workforce reductions of up to 20 percent for its winter schedule. Layoffs may come sooner if flights don't resume at the level he is hoping for in June.

Ryanair CEO Mulls Further Cuts While Slamming Virgin Atlantic’s Bid for State Aid

Airlines

Richard Branson Pledges $250 Million to Help Virgin Companies Battle Coronavirus

The $250 million pledge sounds like a lot of money, but in this situation probably isn't. It'll also be interesting to see what form the investment actually takes.

Richard Branson Pledges $250 Million to Help Virgin Companies Battle Coronavirus

Airlines

Virgin Galactic Registers Thousands for Future Space Tourism Flights

Thousands have expressed interest in going to outer space with Virgin Galactic as the company reopens registration for it flights. Is 2020 the year that space tourism will finally take off?

Virgin Galactic Registers Thousands for Future Space Tourism Flights