Share on Pinterest
There are no images.
Share with your friends

Virgin America. Credit sillygwalio

A Virgin America passenger carrier. Credit sillygwalio.

By Joe Brancatelli

Privately-held Virgin America Airlines would have you believe it’s going great guns as it celebrates its third anniversary in August. But the facts, as reflected in the first quarter results that the airline released last month, tell a different story. Yes, the airline registered $147 million in revenue in the first quarter, a 46 percent jump compared to the first quarter of 2009. And, yes, its load factor passed 75 percent despite a huge jump in seat capacity. Yet it rang up $22 million in operating losses compared to $30 million in the first quarter of 2009. Its net loss for the quarter was $35 million, only fractionally better than the $40 million net loss it rang up last year.

Related resources

Joe Brancatelli is editor and publisher of, a non-commercial Web site for business travelers. Copyright 2009 by Joe Brancatelli. Licensed by contract for Orbitz use.

Tagged: Uncategorized

Note: Orbitz compensates authors for their writings appearing on this site.

Leave a Reply

Your email address will not be published. Required fields are marked *