VIRGIN ATLANTIC AIRWAYS STILL LIKES a bit of flash. Names like James Bond, the pinup girl motif adorning the nose of each aircraft and expressions like "red hot" are part of the makeup of the carrier, which turns 25 this June. But while Virgin has remained true to the fundamentals that marked its launch--foremost among them an exclusively long-haul point-to-point network--its 25th birthday could prove to be a turning point. In December, it confirmed it was in talks with Lufthansa about ...

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