Oh, sweet irony. Citing reasons to get into the airline game, Sir Richard Branson of Virgin fame said, "the American airline industry is abysmal." That may be true, sir, but it looks like not even Sir Richard's new venture is immune to, you know, reality. Very first flight = delayed....

On Friday, the U.S. Department of Transportation dotted the eyes and crossed the tees for Sir Richard Branson's airline, Virgin America, to begin flying out of SFO, which will actually be its home base. Huzzah, more local jobs! The company is planning a mid-summer launch....