Independence To Become Virgin?

Independence Air, beleagured and bankrupt, may be snatched up by Richard Branson as part of a way to launch Virgin America. But, FlyerTalk’s View from the Wing isn’t so sure:

Personally I don’t see this happening, both because I’m skeptical of most Branson efforts. A fabulous entrepreneur, there’s usually more buzz than substance when Branson rumors circulate. The rules on foreign ownership of US airlines are moving towards relaxation, but any changes are unlikely to be in effect in time for an Independence bid. And the Virgin America project has simply demonstrated a greater propensity for inaction than reality over the last couple of years.

Regardless, the airline goes up for auction in the middle of the next month, will everything going to the highest bidder.

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