Virgin Galactic Tests Suborbital Spaceship

by | Oct 11, 2010 | Towing

Virgin Galactic, which aims to be the world’s first commercial space carrier, successfully tested its suborbital spaceship, Enterprise.

Enterprise made its first solo test flight in California on Sunday, BBC News reported. The spaceship was carried to 45,000 feet by a plane, then dropped to glide back to earth.

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Virgin Galactic Tests Suborbital Spaceship originally appeared on DailyFinance on Mon, 11 Oct 2010 09:08:00.

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Virgin Group to Enter Hotel Industry

by | Sep 23, 2010 | Towing

Virgin Group Ltd, founded by U.K. tycoon Richard Branson, plans enter the hotel industry.

Virgin will spend as much as $500 million on high-end hotels aimed at “high income, well-educated, metropolitan ‘creative class'” customers, Bloomberg News said. The company is scouting for locations in cities including New York, San Francisco and Miami.

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Virgin Group to Enter Hotel Industry originally appeared on DailyFinance on Thu, 23 Sep 2010 07:39:00.

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American 3Q Revenue Per Seat Mile Rises by 10.8%

by | Sep 21, 2010 | Towing

American Airlines third-quarter revenue per seat mile is likely to see a double-digit increase from a year earlier, as the largest U.S. airline benefits from what appears to be a rebound in travel spending.
Con…