My Account Menu

CAPA Login


Register to trial CAPA Membership!

Virgin America’s 2Q2009 losses continue to narrow, but cash burn continues

3-Sep-2009

Virgin America continues to report significantly improved financial results in 2Q2009, with double-digit declines in unit costs and stronger load factors. [1353 words]

Unlock the following content in this report:

Subheadings:

  • Load factor continues to break records
  • But cash levels shrink
  • Sight set for more growth, enters South Florida market
  • Chicago remains in its growth sights
  • Follows the trend, increases baggage fees
  • Still plagued by ownership questions, to add at least one new investor by year-end

Graphs and data:

  • Virgin America financial highlights for three months ended 31-Mar-09
  • Virgin America operating margins: 4Q2007 to 2Q2009
  • Virgin America route map: Aug-2009
  • Virgin America fleet: as at Aug-2009
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.