...stock jumped after the announcement and closed 12.46 percent higher at 157.10 pence ($2.33) at the end of the day. Virgin Atlantic Airways, which has already objected to the BA-American-Iberia tie-up, said that BA was attempting to increase its dominance...
...Virgin Atlantic said BAâs potential merger with Qantas would lock-up some of the busiest routes in the world. Virgin Atlantic chief executive Steve Ridgway said: "One day it's Iberia, then it's American, and now Qantas. The only strategy BA seems to...
...an HP company Jennifer Harbour, 281 518 9632 jennifer.harbour@hp.com www.hp.com - EDS, an HP company (NYSE:HPQ), and Virgin Atlantic Airways today announced they have signed a new information technology (IT) services agreement that extends the...
...International carriers such as Virgin Atlantic Airways Ltd and British Airways Plc. (BA) say they are keen on buying stakes in India’s airlines if investment barriers are lifted. The formal expression of interest comes on the heels of Kingfisher...
Background
Virgin Atlantic Airways Ltd. (operating as Virgin Atlantic) is a British airline which is owned by Richard Branson's Virgin Group (51%) and Singapore Airlines (49%). It operates long-haul routes between the United Kingdom and North America, the Caribbean, Africa, the Middle East, Asia, and Australia from its main bases at London Heathrow and London Gatwick. Virgin has a smaller base at Manchester Airport. The company holds a United Kingdom Civil Aviation Authority Type A Operating Licence, which permits it to carry passengers, cargo, and mail on aircraft with 20 or more seats. Virgin Atlantic carried around 5.1 million passengers and made an annual profit of £46.8 million in 2007.
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Timeline
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5 days ago from ATWOnline