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Company Watch - Virgin Group.

Mar 26, 2007

Australian Virgin Blue will Buy Boeing 777s. Australian airline Virgin Blue said on Wednesday it has signed a AUD$2.2 billion (USD$1.8 billion) deal to buy six Boeing 777 planes as it accelerates plans for long-haul flights to the United States. Mar 21, 2007

SN Brussels Airlines 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, born from the merger between Virgin Express and SN Brussels Airlines. Mar 22, 2007

US DoT will Approve Virgin America with Changes. Virgin America, the low-cost startup 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

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 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. 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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Date:Mar 26, 2007
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