U.S. Wants Data on Virgin America Owner
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From Bloomberg News
The U.S. government requested more data about British billionaire Richard Branson’s role in Virgin America Inc., delaying the U.S. carrier’s plans to start flights this year.
Virgin must submit more details about its ownership and financing before it will get permission to begin operations, the Transportation Department said.
Burlingame, Calif.-based Virgin America is part owned by Branson’s Virgin Group Ltd.
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