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


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:


  • 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
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