30-May-2011 12:39 PM

Virgin America to wait until 2013 before IPO

Virgin America will wait until at least 2013 before pursuing an IPO (Dow Jones/San Francisco Business Times, 27-May-2011). The carrier began service in Aug-2007 and has yet to turn in consistently profitable quarters. Virgin chairman Don Carty stated there is no question the carrier will go public.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More