Wait, they are going to sell those to airlines, not to individuals? Ticket price will put them in competition with private subsonic planes, not with airlines.
The announced target market is airlines (and they've already got commitments from some; Virgin has announced publicly); projected fares are comparable to business class on transoceanic flights (their initial target market, to avoid regulatory issues with sonic booms on over-land routes). But I'm sure if someone else is able to write a check for the purchase price, and it doesn't bounce, they'll be happy to cash it.
Virgin is bankrupt.
Bankruptcy doesn't always mean the company is closing down, it can also be for reorganization
What? Private transoceanic flights cost much more than a business class ticket.
We’ll see, but I don’t trust their assumption that they can make the price comparable to business class unless it’s heavily subsidized.