Virgin America takes a giant step
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North America,
Virgin America
Virgin America received (20-Mar-07) tentative approval of its application for a domestic licence, after the US Department of Transport (DoT) found that the carriers plans to significantly reconfigure its ownership and management structure put it back on track to meet strict US citizenship tests under Federal law.
The announcement marks a reversal in the DoT’s stance and a major step forward for the Virgin America towards its goal of operating domestic services. On 27-Dec-06, the DoT found that the carrier’s original application failed to meet US ownership and citizenship criteria. The carrier then filed a revised plan, significantly altering its ownership structure. The DoT has now tentatively found the revised application will fully meet US ownership rules, provided the carrier “fully executes the proposed changes”.
The DoT Order proposes that Virgin America finalise changes offered by the company to address concerns about its control and citizenship, and to “satisfy certain other pre-launch conditions”.
Under the carrier’s revised proposal...
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Date posted: 21-Mar-07
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Virgin America takes a giant step 
