Transportation Industry
Company Watch - Virgin Atlantic
AirGuide Business, March 10, 2008
Mar 10, 2008
Virgin Atlantic Airways unveiled a [pounds sterling]1 million ($1.99 million) premium lounge at Boston Logan. It accommodates up to 75 passengers. Mar 6, 2008
Rolls-Royce won a $2.6 billion deal from Virgin Atlantic Airways for Trent 1000s to power up to 43 787s and announced an environmental partnership with the carrier to cut carbon emissions and identify opportunities to reduce aircraft fuel burn through enhanced engine performance. "Rolls-Royce engines will help us cut emissions per flight by nearly 30% and become the most sustainable airline in the world," Virgin President Richard Branson said. "Our new environmental partnership will also bring major benefits to the aviation industry, enabling us to work together on researching and developing the most efficient engines in the sky, and continuously improving the fuel burn of our fleet of aircraft." Along with an accompanying TotalCare services agreement, the contract includes 15 firm aircraft plus eight options and 20 purchase rights. Delivery is scheduled to begin in 2011. Mar 4, 2008
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Virgin Atlantic said it has selected Rolls-Royce Trent 1000 engines to power its Boeing 787s. The contract, which includes long-term maintenance, is worth $2.6 billion. Mar 3, 2008
Branson's Online Charter Plane Service Launches. Richard Branson's first charter plane experience gave him the idea to start commercial airline company Virgin Atlantic Airways. Some 25 years after the British entrepreneur chartered a private jet to fly 50 passengers and himself from the Beef Island, Tortola airport to Puerto Rico after their original flight was canceled, Branson will launch Virgin Charter, an online service to charter private aircraft. Branson said the new business will court the approximate USD$30 billion market for booking private air travel by letting operators market availability and allowing customers to bid and book online. He aims to make booking charter flights as easy as booking commercial flights on online travel booking services. Mar 4, 2008
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