State of the Airlines

Wednesday, November 23, 2005

NEWS: Virgin America on Final Approach?

Virgin America is finally near launch
After months of wrangling to find the right group of investors perhaps Branson has finally got it all sorted. Laws preventing foreign ownership have really put a crimp in Branson style. With the investors forming up Branson can move on to the next step, airline certification. But wait...whats this...a short cut? Perhaps the recent bankruptcy of Independence Air could offer another route? Click Read More!

So here's the deal. Independence Air has already gone through the pain (and, trust me, it is a pain) of getting its certificate and even though its in bankruptcy that certificate is still valid. So what's a bankrupt airline need? Yes...you in the back...CORRECT, the answer is money. Now connect the dots. Who is amassing enough financing to launch a new airline...BINGO...Richard Branson. So whats the probability that the Branson coalition redirects their efforts to sweep in and "rescue" Independence Air. I even thought he might make a run at United but admittedly Independence Air is a much better target for this type of manuever. So hide and watch kids...lets see what happens because I'm not the only one thinking it

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