Budget long-haul airline AirAsia X is eyeing a stock market listing and fleet expansion to spread its wings across the globe. The Malaysia-based carrier’s chief executive, Azran Osman Rani, has been in talks with institutional investors about a flotation in the next year or two to fund growth.
Virgin Charter, the online charter brokerage launched with great fanfare in mid-2007, ceased operations on October 23. “With the severe decline in corporate travel, Virgin Charter was unable to generate sufficient sales to underpin its business plan,” according to a company statement, “and has taken the difficult decision to close its doors.”
Online charter broker Virgin Charter stopped “active operations” on October 23, according to a company statement. “With the severe decline in corporate travel, Virgin Charter was unable to generate sufficient sales to underpin its business plan and has taken the difficult decision to close its doors.” Sir Richard Branson’s Virgin USA launched Virgin Charter in mid-2007, with a focus on allowing charter users to
Online charter broker Virgin Charter stopped “active operations” on Friday according to a company statement.
Merger talks between Virgin Express and SN Brussels Airlines–the renamed regional successor of bankrupt Sabena Airlines–came to a crashing halt in late February when Virgin chairman Richard Branson and investors in the Belgian regional failed to agree on a price and the would-be company’s management structure.
In an exclusive interview with AINtv, Virgin Group founder Richard Branson and Virgin Charter founder and CEO Scott Duffy describe what brought them together to form a new online, charter-booking company.
Will Steve Fossett suffer a fate similar to Amelia Earhart’s? That’s the question on many people’s minds as winter starts to take hold in the Nevada mountains, where it’s believed that the American Champion Super Decathlon he was flying crashed. Efforts to find the adventurer/aviator/millionaire have now come to a near halt, and chances are deemed slim to none that he survived the September 3 crash in the rugged desert of northern Nevada.
Civil aircraft in the 1990s didn’t look radically different from those of the previous 20 years but, as had happened in the previous decade, they were different beneath the familiar skin. Like the 1980s, the economy of the 1990s got off to a rough start, but this last decade of the millennium picked up a spectacular head of steam midway through its 10-year run.
Virgin USA has launched Virgin Charter, an online marketplace for charter operators and customers.
After a few weather-related postponements, Steve Fossett took off in the Virgin Atlantic GlobalFlyer at 6:47 p.m. CST on February 28 and returned to the same runway in Salina, Kan., 67 hours 1 minute later (at 1:48 p.m. on March 3), having got there the long way without refueling. Takeoff weight for the flight was about 22,100 pounds, of which a staggering 83 percent was jet fuel to feed the single 2,300-pound-thrust Williams FJ44 turbofan.
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