Virgin America reports 2010 full year, 4Q losses

Premium Analysis

Coming months after its US airline peers, Virgin America reported a USD12 million operating loss on revenues of USD724 million for full-year 2010, narrowing its loss gap versus 2009 by 68%. Net loss for the year reached USD68.6 million, a 15% decline from 2009. This, despite the fact revenues rose 32%.

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