Fenwick & West LLP represented its client Virgin America in two recent rounds of financings, raising over $200 million in debt and equity – the most ever for a new domestic airline. The investors were U.S.-based Cyrus Group and Black Canyon Capital, and the U.K.-based Virgin Group. The completion of the financings helped launch Virgin America's operations on August 8, 2007, with inaugural flights from New York's John F. Kennedy International and Los Angeles International Airport to San Francisco. Virgin America is a U.S.-based airline that offers 3000 MP3s onboard every flight, fresh food when you want it, cashless transactions and is the first U.S. airline with mood lighting.
The Fenwick & West transaction team included corporate attorneys Gordy Davidson, David Bell, Matthew Rossiter, Blake Stafford, Paul Dutton, Ryan Hayes and Aaron Kornfield.
About Fenwick & West
Established in 1972, Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. Fenwick & West is committed to providing innovative, cost-effective and practical legal services that focus on global technology industries and issues. We differentiate ourselves by having a deeper understanding of our clients' technologies, industry environments and business needs than is typically expected of lawyers.