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New airline to be headquartered in Va.
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By BROCK VERGAKIS,
The Associated Press
10:26 AM Monday, February 13, 2012
NORFOLK, Va. — A new airline will be headquartered at Newport News-Williamsburg International Airport in southeastern Virginia.
Airport officials have scheduled a news conference Monday afternoon to reveal which airline it is. Officials have said the airline will initially offer service to the East Coast.
The announcement comes at a difficult time for the airline industry.
In the past decade, U.S. airlines have lost a combined $54.5 billion and failed to make money in seven of 10 years.
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February 13, 2012 03:21 PM EST
Copyright 2012, The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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