Financial Times FT.com

U-turn on Virgin boosts ‘open skies’ hopes

By Doug Cameron in Chicago and Kevin Done in London

Published: March 20 2007 19:57 | Last updated: March 20 2007 23:30

US authorities on Tuesday reversed their opposition to plans by Sir Richard Branson’s Virgin Group to launch a domestic US carrier in a move that could soothe lingering European opposition to a new transatlantic aviation treaty.

The UK entrepreneur’s long-running efforts to launch San Francisco-based Virgin America had been caught in the political crossfire of efforts to reach a EU-US agreement.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this