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Company Watch - Virgin Group.


Mar 26, 2007

Australian Virgin Blue will Buy Boeing 777s The Boeing 777 is an American long-range wide-body twin-engine airliner built by Boeing Commercial Airplanes. The world's largest twinjet and commonly referred to as the Triple Seven, it can carry between 301 and 368 passengers in a three-class configuration and has a range from . Australian airline Virgin Blue said on Wednesday it has signed a AUD AUD

In currencies, this is the abbreviation for the Australian Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$2.2 billion (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$1.8 billion) deal to buy six Boeing 777 planes as it accelerates plans for long-haul flights to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Mar 21, 2007

SN Brussels Airlines SN Brussels Airlines (SNBA) was a former national airline of Belgium, which mainly operated from Brussels Airport. SNBA was the trading name of the Belgian airline Delta Air Transport. SNBA was a full-service airline, connecting Brussels with the rest of Europe.  and Virgin Express are no longer SN Brussels Airlines and Virgin Express are no longerWith the start of the summer season a new carrier has emerged, Brussels Airlines Brussels Airlines is a Belgian airline based at Brussels Airport. It operates to over 50 destinations in 20 European countries, as well as long-haul flights to East, Central and West Africa. , born from the merger between Virgin Express and SN Brussels Airlines. Mar 22, 2007

US DoT will Approve Virgin America Virgin America is a U.S. based low-cost airline that began service on 8 August 2007. The airline's stated aim is to provide low-fare, high-quality service for "long-haul point-to-point service between major metropolitan cities on the Eastern and West Coast seaboards".  with Changes. Virgin America, the low-cost startup airline with ties to entrepreneur Richard Branson Sir Richard Charles Nicholas Branson (born 18 July 1950 (1950--) (age 57) in Shamley Green, Surrey, England), is a British entrepreneur, best known for his Virgin brand of over 360 , will have to ditch its chief executive and take other steps to win final government approval to operate, US officials said on Tuesday. Mar 21, 2007

DOT tentatively approves U.S. version of Virgin America Virgin America has received tentative DOT approval to operate U.S. flights. The DOT said Virgin is "back on track" to meet federal airline-ownership requirements. It has offered to replace its chief executive to ease regulators' concerns about its ties to Virgin Group's Richard Branson. The airline could begin U.S. domestic flights within the next several months. Mar 21, 2007

US Will Approve Virgin America If Changes Made Virgin America, the low-cost start-up airline with ties to entrepreneur Richard Branson, will have to ditch its chief executive and take other steps to win final government approval to operate, US officials said on Tuesday. Mar 21, 2007

Virgin Atlantic may launch flights to the U.S. from several European hubs if the EU supports a proposed open skies agreement The Open Skies Agreement is a recently negotiated treaty between the United States and the European Union. The agreement will allow any European or U.S. airline to fly any route between any city in the EU and any city in the United States.  with the U.S. EU transport ministers will review the agreement on March 22 Mar 19, 2007

Australia market intensifies Australia market intensifies America's west coast market targeted with a yet unnamed Virgin Blue subsidiary to be launched in 2008. Mar 22, 2007

Virgin Blue Holdings confirmed its order for six Boeing 777-300ERs with options for six more, and will lease one additional -300ER from ILFC ILFC International Lease Finance Corporation
ILFC International Lunar Finance Commission (TV show: Space: 1999) 
. The order for the six is worth $1.5 billion at list prices and was listed last week on Boeing's website as unidentified. The aircraft will be used to establish a new long-haul airline next year providing service from Australia to the US "and other destinations.". Virgin Blue's order takes total orders for 777s to 924 from 49 carriers. It also exercised options on five 737-800s worth $350 million at list prices, another order that had been attributed by Boeing to an unidentified customer. The airline currently operates 53 737NGs. Mar 22, 2007

Virgin Atlantic, Virgin Blue likely contributors to Boeing's big week Boeing added 46 orders to its backlog last week including 27 aircraft for unidentified customers: Six 747-8s (understood to be freighters), six 777s (understood to be -300ERs for Virgin Blue) and 15 787s. Mar 19, 2007

Virgin Nigeria this week launched thrice-daily Lagos-Port Harcourt service aboard F50s. It also increased twice-weekly flights to Sokoto from Lagos and Abuja to thrice-weekly. Separately, it named Head of Planning Adeola Bali finance director. Mar 23, 2007

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Mar 19, 2007
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Publication:Airguide Online
Date:Mar 26, 2007
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