Rocket motor fails to ignite on Virgin Galactic test flight
A Virgin Galactic test flight Saturday ended prematurely as the spacecraft's rocket motor failed to ignite and it then glided down safely to its landing site in southern New Mexico.
Virgin Galactic set to begin multimillion-dollar star trek from Spaceport America
Virgin Galactic is putting the world's first commercial spaceport to use later this month when it launches it's first spaceflight from Spaceport America in New Mexico, which the company expects to generate $1 billion a year annually.
Billionaire Richard Branson's childhood home hits the market
The seller is asking 4 million British pounds, or about $5.195 million for the 1.4-acre Tanyards Farm property outside Shamley Green, a village southwest of London.
Billionaire Richard Branson, hit by pandemic, aims to raise $460M
The billionaire is eyeing undervalued American and European consumer-facing businesses in sectors where Virgin has had success, including travel, leisure, entertainment and financial services.
Virgin Atlantic cuts 1,150 more jobs
Virgin Atlantic announced 1,150 job cuts Friday despite completing a $1.6-billion restructuring plan aimed at rebuilding the company during the travel downturn caused by the coronavirus pandemic.
Virgin Australia airline to be sold to US-based Bain Capital
The airline in April became the world’s largest to seek bankruptcy protection after the coronavirus pandemic grounded much of the aviation industry
Virgin Atlantic to cut over 1,000 more jobs as demand languishes
Sky News is reporting that Virgin Atlantic is preparing to cut more than 1,000 jobs
Richard Branson's Virgin Atlantic closes in on $1.6 billion rescue plan
LONDON - Virgin Atlantic's creditors will vote on a 1.2 billion pound ($1.6 billion) rescue plan on Tuesday in a crucial test of the airline's ability to survive in an industry devastated by the COVID-19 pandemic.
Virgin Galactic unveils Mach 3 supersonic jet
Virgin Galactic unveiled the design for an upcoming high-speed aircraft this week that may be able to fly from New York to London in about 90 minutes.
Virgin Galactic reveals spaceplane cabin ahead of passenger flights
Virgin Galactic showed off the interiors of its passenger spaceflight vehicle the VSS Unity.
Virgin Galactic hires Disney veteran as new CEO
Michael Colglazier will become CEO of the Mojave, California-based space travel company and join the Virgin Galactic board of directors as of July 20.
How Virgin's Richard Branson moved past his failed cola brand
In 1994, Richard Branson launched Virgin Cola, but after significant pushback from competitors, he decided to fold the brand and move on to other ventures.
Virgin Voyages shares new sail date, health plan for addressing coronavirus
The adults-only cruise line Virgin Voyages will make its debut in the fall after the coronavirus pandemic delayed its first sail.
How did Richard Branson make his fortune?
Under what's now known as the Virgin Group, Branson has over 70,000 employees across various companies throughout 35 countries.
SpaceX opens era of amateur astronauts, cosmic movie sets
Amateur astronauts, private space stations, flying factories, out-of-this-world movie sets — this is the future the space agency is striving to shape as it eases out of low-Earth orbit and aims for the moon and Mars.
Richard Branson cleared to sell $1B of Virgin Galactic stake: Report
Richard Branson is free to sell a nearly $1 billion stake in Virgin Galactic, half his stake in the aerospace company he founded.
Virgin Galactic stock price launched by NASA deal, spaceflight deposits
More than 400 people have put down deposits for Virgin Galactic’s future spaceflights, representing more than $100 million in potential future business.
Richard Branson fights to save travel, tourism empire
One of Britain’s best-known billionaires by putting his Virgin brand on an array of businesses, including planes and trains, cola and bridal gowns, often taking an equity stake and licensing fees in exchange. Several of his biggest forays are focused on travel and tourism. Amid the new coronavirus pandemic, he now finds himself at the epicenter of the meltdown in those industries.
Richard Branson's Virgin Orbit lands Space Force contract
The contract was awarded to VOX Space, a subsidiary of Virgin Orbit that conducts satellite launches for U.S. military and national security branches.
Coronavirus-fighting ventilators by Virgin Orbit will be ready soon
Richard Branson's company Virgin Orbit is producing ventilators to address the coronavirus pandemic.