3 result(s) displayed (1 - 3 of 3):

Virgin America investor plans unlikely to end criticism (from Corporate Dealmaker)

Virgin America Inc., the discount airline that has received both high praise for its product and criticism for its ownership structure, is reportedly seeking approval from U.S. regulators to revamp the latter.The Burlingame, Calif.-based airline, 24% owned by Richard Branson's Virgin Group Ltd., has been the target of complaints by...

Posted on July 10, 2009 4:00 PM

Virgin America cuts losses, still burning cash (from Corporate Dealmaker)

Discount startup Virgin America said Friday that revenue nearly doubled in the first quarter, but the results are unlikely to quell worries from critics that the airline might need a new cash infusion to survive the current economic downturn.Virgin America said it lost $40.3 million in the quarter, compared to...

Posted on June 12, 2009 4:41 PM

Alaska Air calls Virgin America un-American (from Corporate Dealmaker)

Alaska Air Group Inc. on Tuesday called on government officials to launch a probe into whether rival Virgin America Inc. continues to meet the standards for being a U.S. carrier.Virgin America began service in August 2007 after a lengthy review process into its ownership structure. The airline is the brainchild...

Posted on February 10, 2009 2:06 PM