Virgin Group
Virgin Galactic eyes possible expansion into Italy
US SPACE company Virgin Galactic announced on Thursday it is exploring the possibility of opening a new base in Italy, potentially bringing suborbital flights to tourists in Europe for the first time.
Virgin Atlantic pulls out of China, axes Heathrow-Shanghai route
The carrier joins Qantas Airways in withdrawing from the Chinese market
Branson plans one-stop travel shop as Virgin Atlantic turns 40
AS VIRGIN Atlantic Airways celebrates its 40th anniversary, founder Richard Branson plans to more closely integrate the airline with his cruise ships and hotel businesses to offer travellers a one-sto...
Virgin Galactic set for final spaceflight before two-year pause
Virgin Galactic is poised on Saturday (Jun 8) for its last spaceflight before heading into a two-year pause on commercial operations to upgrade its fleet, as the company seeks to finally turn a profit...
Virgin Galactic revenue misses estimates, will focus on Delta ships
VIRGIN Galactic Holdings fourth-quarter revenue fell short of Wall Street expectations as the space tourism company works to rein in costs and slow its launch schedule while developing a new spaceplan...
Virgin Galactic cuts jobs, costs on funding constraints
VIRGIN Galactic Holdings plans to reduce its workforce as part of a broader cost-cutting move to keep the development of its next-generation launch vehicle on track.
UK permits ‘world-first’ flight powered by sustainable fuels
BRITAIN’S aviation regulator announced on Monday (Nov 6) that it has issued Virgin Atlantic with a permit for a “world-first” transatlantic flight powered entirely by sustainable aviation fuels (SAF).
Virgin Australia clocks first profit in 11 years as travel demand recovers
BAIN Capital-owned Virgin Australia said on Tuesday (Oct 10) that the airline returned to a profit for the first time in 11 years for fiscal 2023, buoyed by a strong recovery in travel demand followin...
Virgin Voyages raises US$550 million in Ares-led round
Virgin Voyages, the cruise brand from Richard Branson’s Virgin Group, said on Friday (Sep 8) it has raised US$550 million in fresh capital to expand into new international markets.
Virgin Galactic's next spaceflight to include sweepstakes winners
Virgin Galactic’s next spaceflight will include a mother-daughter duo from the Caribbean who won their tickets in a sweepstakes contest as well as an 80-year-old former Olympian.