Virgin America, based in California, has filed an application with the US Department of Transportation to start two daily flights from San Francisco to Washington's Ronald Reagan National Airport. If approved, this will be the first time that business and leisure travelers from the Bay Area will be able to fly to Washington on a low-cost route, which may be possible thanks to a new FAA Modernization and Reform Act of 2012, which will allow a certain number of flights to operate beyond the Reagan Airport's 1250 mile radius limit.
President and CEO of Virgin America, David Cush, said that there is currently no service between San Francisco and Washington and since they are the only airline based in the Bay Area they are in a unique position to offer low-cost service on that route. They want to be sure that both business and leisure customers can enjoy the competition they would bring to the route.
See the original Google News article for more details.