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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.

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