Another story:
Virgin vows to tread carefully
Virgin Blue has played down the potential of triggering a discount war on flights to the US with Qantas at the end of 2008, when its new long-haul airline V Australia hopes to start services over the Pacific.
"We're not looking to come in and stampede the market because we've got limited capacity in the first instance," said Virgin Blue chief executive Brett Godfrey.
The new airline, which will incorporate a refashioned Australian flag on its fuselage, cannot incorporate the Virgin name. Singapore Airlines which owns 49 per cent of the Richard Branson founded Virgin Atlantic has the right to veto the use of the Virgin name outside Australia.
However, amid speculation Singapore Air is considering selling its stake, V Australia will allow Virgin Blue to easily rebadge the carrier Virgin Australia. "There may be some tweaking at the edges," Mr Godfrey said.
http://www.smh.com.au/news/travel/vi...043173366.html