Virgin America may need another cash infusion, CEO says

04/26/2011 | Aviation Daily

The soaring price of jet fuel has forced Virgin America to scale back growth plans and to defer delivery of new aircraft. CEO David Cush says his airline would need additional investment money if fuel prices continue to rise. "[But] we fully expect something to balance -- either fuel will drop or fares will rise -- eliminating any need for additional capital," Cush said.

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