Richard Branson may unveil the flotation of his flourishing mobile phone company Virgin Mobile this week, it emerged today.

The Virgin Group’s new low-fare airline has agreed to buy and lease up to 105 narrow-body jets from Airbus SAS and name the carrier Virgin America.

Virgin Blue, the no-frills budget airline introduced to Australia in 2000 by Richard Branson, posted a 47% jump in annual net profit today, beating analyst forecasts.

Qantas is to launch a new low-cost airline based in Singapore by the end of the year.

British billionaire Richard Branson has announced plans to launch an all-music Virgin radio station in Australia.

TONY RYAN, the founder of Ryanair, has invested in a new low-cost airline in Singapore in a bid to repeat the success of Ryanair in Asia.

New California governor Arnold Schwarzenegger wants Richard Branson to base his planned new US cut-price domestic carrier in the state.

Sir Richard Branson’s airline Virgin Atlantic could be starting its first London to Australia service by next summer, it was announced today.

Richard Branson is in line for a £100m (€145.33) personal windfall today when he issues the prospectus for the stock market flotation of his Australian airline, Virgin Blue.

Sydney Airport has been forced to introduce jet fuel rationing today after the body responsible for distributing fuel at the airport said it can only supply a third of the normal demand from airlines.

A man was arrested at Melbourne airport today after making threats on board a plane that was about to take off, Australian police said.

Richard Branson said he wants to float 30% of his Australian budget airline Virgin Blue on the Australian stock exchange after the carrier said it had tripled its annual pre-tax profit today.

Richard Branson said he wants to float 30% of his Australian budget airline Virgin Blue on the Australian stock exchange after the carrier said it had tripled its annual pre-tax profit today.

Richard Branson said Virgin Atlantic plans to commence flights between Australia and Hong Kong in 2003.

Australia’s competition watchdog today launched legal action against Qantas Airways, claiming the flag carrier slashed fares and increased seats on a domestic route to try to eliminate Sir Richard Branson’s Virgin Blue.

Virgin boss Richard Branson said today that he would expand his cut price-Australian domestic airline into Asia.

Argentina has announced the second case outside the US of mail contaminated with anthrax.

Virgin Group chief Richard Branson will meet Singapore Airlines leader Cheong Choong Kong in Singapore later this week.

Virgin is believed to have made a $1bn (£724.6m) alliance with US telecoms group Sprint to get into the north American mobile phone market.

New Zealand government officials today said they would welcome cut-price airline Virgin Blue to the domestic market, but will not allow it to fly the lucrative route to Australia.

Virgin Blue, the Australian low budget airline set up by Sir Richard Branson, has lodged a complaint of unfair competition against Qantas Airways.