Articles tagged “virgin group”

Airline Weekly

Delta, Virgin Group Invest $530 Million in Virgin Atlantic

Virgin Atlantic got an early Christmas present to the tune of $530 million. Delta Air Lines and the Virgin Group are pouring more money into the airline to support its continued recovery from the Covid-19 pandemic.

5 months ago
Delta, Virgin Group Invest $530 Million in Virgin Atlantic

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.

Rob Davies, The Guardian | 2 years ago
Richard Branson to Sell Up to 12 Percent Stake in Virgin Galactic

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.

Reuters | 2 years ago
Richard Branson Pledges $250 Million to Help Virgin Companies Battle Coronavirus

Rail

Florida’s New Higher-Speed Rail Has the Highest Death Rate in the U.S.

It’s not entirely clear why the Brightline has so many more fatalities than other trains, but its higher speeds may be a factor. The rail is hoping to put up signs around the tracks and install new regulations to keep people out of the train’s path.

Terry Spencer, Associated Press | 2 years ago
Florida’s New Higher-Speed Rail Has the Highest Death Rate in the U.S.

Business Travel

Virgin Galactic Reveals Its Space Base But Not Its Launch Timing

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.

Justin Bachman, Bloomberg | 3 years ago
Virgin Galactic Reveals Its Space Base But Not Its Launch Timing

Airlines

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

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

Justin Bachman, Bloomberg | 3 years ago
Virgin Galactic Could Fly Customers to Space as Soon as This Year

Tourism

Virgin Group Founder Richard Branson Plans a Humanitarian Concert for Venezuela

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.

Matthew Bristow, Bloomberg | 3 years ago
Virgin Group Founder Richard Branson Plans a Humanitarian Concert for Venezuela

Cruises

Virgin Voyages Is Counting on Its Brand to Win Over Cruise Skeptics

Virgin Voyages is emphatic about being a different kind of cruise player while planning to sail from the world's busiest cruise port to the most popular destination. The difference will be in the details, and we're still waiting for most of those.

Hannah Sampson , Skift | 4 years ago
Virgin Voyages Is Counting on Its Brand to Win Over Cruise Skeptics

Airlines

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

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.

Angus Whitley and Jason Kelly, Bloomberg | 4 years ago
Richard Branson Believes Supersonic Air Travel Is the ‘Next Big Thing’

Cruises

Virgin Voyages Sharpens Its Focus With Adult-Only Cruise Plan

One of the buzz phrases in the cruise industry for the past couple of years has been "multigenerational cruising." Virgin Voyages sees an opportunity in keeping one generation off its inaugural ship.

Hannah Sampson, Skift | 5 years ago
Virgin Voyages Sharpens Its Focus With Adult-Only Cruise Plan