Virgin America reports $175M loss; load factor improving

After losing $175.4 million in the first three quarters of 2008, Virgin America should turn a profit in 2010, according to CEO David Cush. "We're confident in our business model and are in a strong position as a well-financed startup with solid revenue growth and load factors," he said in issuing the airline's first earnings report in more than a year. In the third quarter, Virgin America's load factor rose to 81.4%, vs. 77.6% the previous quarter.

View Full Article in:

Wall Street Journal, The · Bloomberg Businessweek · American City Business Journals

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
MAINTENANCE CONTROLLER
EMPIRE AIRLINES
Hayden, ID
General Manager - Full Ground Handling
PrimeFlight Aviation Services
Multiple Locations, SL_Multiple Locations
Airport Communications Technician
United Airlines
Washington, DC
Inflight Entertainment Engineer (IFE)
Virgin America
Burlingame, CA
Strategic Project Development - Manager
United Airlines
Chicago, IL