Tag: Virgin Group

Virgin Atlantic in Need of Government Support to Survive

Reading Time: < 1 minute The existing and future impacts of the current crisis are still difficult to determine, however, many aviation companies are already fighting their (last) battle for survival. Another among the endangered airlines appeared to be a British airline Virgin Atlantic. In an open letter to the employees, the founder of the Virgin Group, Richard Branson, said […]

Ryanair Says ‘No New Planes for UK’ as it Pals Up with EU After Brexit

Reading Time: < 1 minute The budget airline will now focus on the European Union, despite its largest hub being at the London’s Stansted Airport. Its boss, Michael O’Leary, was a vocal supporter of the Remain campaign and warned he would cut investment in Britain if it voted to leave. Now after its shares plummeted 23% in value, the Irish […]

The Evolution of Commercial Supersonic Passenger Jets

Reading Time: 6 minutes What is a supersonic aircraft? It is the plane that can fly faster than the speed of sound (768 mph/ 1,236 km/h), in aviation called ‘Mach 1’. Assuming that, the flight is supersonic when aircraft is flying faster than Mach 1 speed. Referring to the Federal Aviation Administration (FAA) approval, the fastest speed using ever […]

Alaska Air To Buy Virgin America

Reading Time: 2 minutes Alaska Air has agreed to buy Virgin America for USD$2.6 billion in cash to its boost its operation on the US West Coast and compete more effectively with larger airlines. At USD$57 a share, the deal represents a premium of about 86 percent from Virgin America’s stock price before reports in March that the company […]