Virgin America this week asked the US Dept. of Transportation to reconsider its ruling that CEO Fred Reid must have his employment with the airline terminated within 90 days of receipt of its certification. When tentatively approving Virgin America last month, DOT took the company up on its January offer to remove Reid from the board or the company "if absolutely necessary." In March, DOT said Reid has "longstanding association with foreign investors [that] raised concerns about who would ...

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