Virgin Group

British multinational conglomerate

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June 30 2025 Codeshare agreement with Hawaiian Airlines is set to end.
June 9 2025 Virgin Fibra sells its entire customer base to Dimensione, effectively concluding its operations in the Italian telecommunications market.
June 2025 Virgin Australia expected to acquire Boeing 777-300 aircraft from Qatar Airways.
March 14 2025 Virgin Limited Edition maintains ownership of eight luxury properties across multiple countries, including locations in the British Virgin Islands, Morocco, Kenya, South Africa, Switzerland, and Spain.
February 2025 Estimated ticket price for a seat reached approximately $600,000.
2025 Virgin Galactic plans to begin testing its third generation Delta-class spaceship, designed for higher production volumes and functionally similar to the SpaceShip III class.
2024 The lawsuit filed by Boeing against Virgin Galactic over unpaid bills was settled.
December 11 2024 Qatar Airways announced direct routes to Doha from Sydney, Brisbane, and Perth on behalf of Virgin Australia, with ticket bookings opening for travels starting June 2025.
November 2024 Virgin Group moved its headquarters to Whitfield Studios in Soho, a district of the City of Westminster, which is renowned for its music history as a creative hub for musical legends.
November 11 2024 Virgin Fibra officially opens a crisis composition procedure at the Court of Milan due to over-indebtedness, with reported losses of 21 million euros.
September 13 2024 Virgin Australia announced switching 12 Boeing 737 MAX 10 orders to MAX 8 aircraft due to ongoing supply chain delays.
June 2024 Virgin Galactic halted commercial flights of the VSS Unity spaceplane to concentrate on developing the next-generation Delta-class spacecraft, marking a strategic pivot in their space tourism operations.
March 2024 Virgin Orbit and Matthew Brown Companies resolved their civil litigation, with Brown being awarded $10 million from the company's Directors and Officers insurance policy.
January 2024 Virgin Hyperloop went bankrupt and was rebranded back to 'Hyperloop One'.
2023 Virgin Group's net worth was estimated at £3 billion in early 2023, demonstrating significant financial growth since its founding.
2023 Virgin Orbit went bankrupt after conducting a few space launches.
July 2023 Virgin Australia deployed the Boeing 737 MAX 8 onto the Cairns–Tokyo Haneda international route after initial domestic operations.
June 28 2023 Virgin Australia took delivery of its first Boeing 737 MAX 8, becoming the second Australian operator of this aircraft type.
June 15 2023 Additional assets worth $3.8 million were sold to Firefly Aerospace, with Virgin Orbit's intellectual property also being put up for sale.
May 2023 Assets were divested to multiple bidders: Rocket Lab acquired the Long Beach facility for $16 million, Launcher purchased the Mojave test site for $3 million, and Stratolaunch Systems bought the Cosmic Girl aircraft for $17 million.
May 22 2023 Virgin Orbit finalized its Chapter 11 bankruptcy auction, with remaining assets divested for $36 million, which was less than 1% of the company's initial IPO valuation.
April 4 2023 Virgin Orbit declared Chapter 11 bankruptcy.
March 16 2023 Virgin Orbit announced a pause in operations and furloughed nearly its entire staff while seeking additional funding, after recording a loss of US$139.5 million in the first nine months of 2022.
January 9 2023 LauncherOne failed to reach orbit during Virgin Orbit's first launch from Spaceport Cornwall. The mission encountered an 'anomaly' with the upper stage, resulting in the failure to deploy nine satellites from seven different customers.
2022 The full rebranding of Virgin Holidays to Virgin Atlantic Holidays was completed.
2022 Virgin Orbit considered a potential mission to Mars, but ultimately did not proceed with the interplanetary mission.
September 2022 Virgin Orbit signed an agreement with Wagner Corporation to establish a launch site at Toowoomba Wellcamp Airport in Queensland, Australia, with plans for a demonstrator launch in 2024.
August 2022 Commercial launch of Virgin Fibra, offering broadband fixed Internet connections with FTTH technology.
July 2 2022 VOX Space successfully completed its first launch of cubesats for US Space Force using the Virgin Orbit LauncherOne launch vehicle.
July 2 2022 LauncherOne flew a successful mission.
June 27 2022 Virgin Orbit announced the establishment of a Brazil-based subsidiary, Virgin Orbit Brasil Ltda, to facilitate potential launches from the Alcantara Launch Center, which is strategically located just two degrees south of the Equator.
April 2022 CEO Jayne Hrdlicka announced the reversal of the MAX 8 order cancellation, with at least 4 (later increasing to 8) MAX 8 jets to arrive by February 2023.
January 13 2022 LauncherOne successfully delivered seven cubesats for three customers into orbit.
January 7 2022 Virgin Orbit held an 'opening bell' ceremony at Nasdaq to celebrate going public, with the stock opening at $10 per share.
2021 The company announces its intention to join the London stock market with a listing on the AIM market.
December 2021 Virgin Orbit went public, raising $228 million through its SPAC merger, which was less than the $483 million initially expected.
December 30 2021 Virgin Orbit completed a SPAC merger with NextGen Acquisition Corp, becoming a publicly traded company on the NASDAQ stock exchange with a valuation of $3.7 billion.
December 1 2021 Virgin Care was sold to Twenty20 Capital and rebranded as HCRG Care Group.
August 2021 Virgin Orbit announced a SPAC merger and estimated needing $420 million in cash to reach positive cash flow by 2024, with Mubadala having invested about $1 billion in the company through August.
August 17 2021 Mark Baird became the president of VOX Space.
July 11 2021 Fully crewed test flight with two pilots (Dave Mackay and Michael Masucci) and four passengers (Richard Branson, Beth Moses, Colin Bennett, and Sirisha Bandla). The flight briefly deviated from its reserved airspace, leading to an FAA grounding.
June 30 2021 LauncherOne successfully delivered its first commercial payload to space.
April 2021 Brazilian Space Agency selected Virgin Orbit as one of the companies approved to operate orbital launches from the Alcantara Launch Center in Brazil.
January 17 2021 LauncherOne successfully reached orbit for the first time, deploying 10 CubeSats into Low Earth Orbit for NASA on its final demonstration mission. The rocket was launched from a Boeing 747 at 33,000 feet above the Pacific Ocean and was dedicated to the memory of Eve Branson, Richard Branson's mother, who died from COVID-19 on January 8, 2021.
2020 Virgin Trains USA's branding deal ended.
2020 VOX Space was created as a subsidiary of Virgin Orbit to provide launch services for the US military's national security launch market.
2020 LauncherOne began flight operations, launching the first of six total flights between 2020 and 2023.
December 2020 Virgin cancelled MAX 8 orders and revised its order to 25 MAX 10s, with planned delivery deferred to mid-2023.
September 2020 Virgin Sports was sold to LimeLight Sports.
August 2020 Virgin Fibra was founded as an Italian telecommunications company specializing in fiber optic telephony services using FTTH (Fiber to the Home) technology.

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