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Virgin America: ownership issue rears its ugly face again - CFO departs

Premium Analysis

Virgin America's compliance with US citizenship requirements has been a concern since Sir Richard Branson first mooted the establishment of his airline brand in the USA. It was a significant point of controversy and debate during the carrier's certification proceeding prior to operations commencing in 2007. The US Department of Transportation (DoT) initially determined that Virgin America did not comply with the regulations, and required the company to restructure before granting initial certification.

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