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Virgin America enters U.S. airspace -- What does that mean for U.S. airlines?

As of today, there's a new airline in the skies: Virgin America. That's right folks: British Billionaire Richard Branson has expanded his Virgin Atlantic fleet across the pond. The new San Francisco-based start-up will use a fleet of Airbus A320's to fly two routes: San Francisco to J.F.K in New York and San Francisco to Los Angeles International.

While Virgin America will only open with those two routes, they plan on ramping its schedule fast. In the next three months, Virgin will add Las Vegas and Washington Dulles to the schedule and move up to a total 10 U.S. destinations a year from now. The fleet plans to service 30 destinations within the next five years.

Continue reading Virgin America enters U.S. airspace -- What does that mean for U.S. airlines?

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S&P 500-4.781,088.30

Last updated: November 10, 2009: 12:40 PM

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