28-Aug-2009 12:55 PM
Virgin America expecting full year profit in 2010; Frontier to leave bankruptcy next month
Analysis
Among the non-listed US LCCs, Virgin America stated it could be profitable by the end of 2009 and is targeting full year operating profitability in 2010, after it reported an improved second quarter net loss of USD15.7 and an operating loss of USD11.4 million (from losses of USD64.4 million and USD62 million in the previous corresponding period, respectively).
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