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Does Virgin America Sale Help Or Hinder Discount US Airfare?

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Virgin loyalists are unlikely to get any help from regulators in saving their grounded carrier. Wichita State University’s Airline Quality Rating report found that the airline outperformed all its domestic competitors in minimizing lost luggage and avoiding delays, cancellations, oversold flights and customer-provided complaints.

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Russian Bank Loses License Due To Money Laundering

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Bloomberg reported Friday (April 5) that Commercial Bank of Ivanovo, which is 80 percent owned by former North Carolina Republican Rep. Charles Taylor, had its license revoked because, as the Russian central bank said, it “regularly” broke regulations governing anti-money laundering rules. A Russian bank with ties to a former U.S.