Virgin America Files For IPO - Presented by: The Aol. On Network

Virgin America's next destination is Wall Street. The company, which was founded in 2004, licenses the Virgin brand name from the Virgin Group, founded by businessman Sir Richard Branson. The company said it in its filing, the Virgin Group's parent company, VX Holdings, has a 22.1 percent stake in Virgin America. Virgin America posted its first annual profit last year, earning $10.1 million.



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